Don’t miss the latest developments in business and finance.

Budget 2017 highlights Modi govt's agenda of transform, energise and clean

India is now on the cusp of a massive digital revolution: Arun Jaitley

Finance Minister Arun Jaitley. Photo: PTI
Finance Minister Arun Jaitley. Photo: PTI
BS Web Team New Delhi
Last Updated : Feb 01 2017 | 3:48 PM IST
While presenting the Union Budget 2017-2018, Finance Minister Arun Jaitley on Wednesday said that India is now on the cusp of a massive digital revolution.

He said that earlier initiative of our Government to promote financial inclusion and the JAM trinity were important precursors to our current push for digital transactions. He hoped the BHIM app has launched would unleash the power of mobile phones.

Summing up the government's agenda, Jaitley stressed on 'TEC' - Transform, Energise, Clean. He said, "the approach is to spend more in rural areas, on infrastructure and poverty alleviation while maintaining fiscal prudence. Economic reforms will be continued promote higher investments and accelerate growth for the benefit of the poor and the underprivileged".

Transform - the quality of governance and quality of life

Energise - various sections of society, especially the youth and the vulnerable, and enable them to unleash their true potential; and

Clean - the country from the evils of corruption, black money and non-transparent political funding
Next Story