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Ep 50: Pramod Varma on India's Digital Empowerment

Brave New World -- hosted by Vasant Dhar

CHAPTER

Is India Taking the View?

India's formal system is actually sub-10%. That means out of 930 million people, how can you have only 22 million people having cards? We could expand the digital commerce to 50-60% in the country in the next decade. In the US, I don't see this happening in the US, frankly. FEDS now is talking about bringing interoperable real-time payment network next year.

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