On 2nd September 2019, the Steering Committee on Financial technology (Fintech) has submitted its report to the Finance Ministry. The committee was formed in March 2018 under the chairmanship of the Economic Affairs Secretary to consider various issues relating to the development of the fintech sector in India, and analyse it potential for enhancing the financial inclusion of micro, small and medium enterprises (MSMEs).
Background
In view of the growing importance of the Fintech and its potential to unleash the economic growth, government formed the Steering Committee which was constituted under the chairmanship of Atanu Chakraborty to make Fintech related ....
