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Committed to leveraging tech to strengthen traditional sectors: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasized the government's commitment to leveraging technology to enhance traditional sectors during her speech at the Global Fintech Fest 2023. She highlighted the importance of fintech in transforming sectors like agriculture, education, and healthcare, aiming to make these sectors more efficient and accessible. Sitharaman discussed initiatives like the Account Aggregator framework, which facilitates the flow of financial data with customer consent, thereby promoting financial inclusion. She also mentioned the government's focus on digital public infrastructure, including the India Stack, to foster innovation and support startups. Additionally, she touched upon the need for regulatory frameworks to keep pace with technological advancements to ensure security and trust in digital transactions.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/news/other/committed-to-leveraging-tech-to-strengthen-traditional-sectors-nirmala-sitharaman/ar-AA1AiXZf ]