Financial technology represents unique opportunity for sustainable and inclusive growth: FM Nirmala Sitharaman
While pitching for collaboration with the US in financial services and emerging technologies, Finance Minister Nirmala Sitharaman has said that financial technology (fintech) represents a unique opportunity for sustainable and inclusive growth.
Finance Minister further noted that with a growth forecast of almost 8 per cent in FY 2023, India is likely to remain the world’s fastest growing major economy over the next few years, driven by the continued expansion of its technology and start-up ecosystems.
Sitharaman invited leading investors to become part of the India growth story, adding that the US-India collaboration in financial services and emerging technologies will support increased investment and innovation, and fintech represents a unique opportunity for sustainable and inclusive growth.
