In an encouraging observation on Modi administration’s financial inclusion strategy, Microsoft founder Bill Gates has termed it ambitious and exciting.
Speaking to reporters over the telephone Gates said, “India’s a place where some very new things are being done, like the so-called payment banks regulations, where prime minister Modi has got very ambitious goals for financial inclusion. And the fact that that’ll be done through the cell phone means the ability to draw in millions of people including those who are below average in terms of their income. We’re very excited about that as an enabling tool. It can help