February 2022

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CBDC reducing dependency on cash

CBDC reducing dependency on cash Go digital. This is what the whole world is heading to and India too is taking baby steps.  In this year’s budget the Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India (RBI) will launch a Central Bank Digital Currency (CBDC). It is proposed to introduce digital rupee

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The budget will boost private businesses

The common man is disappointed as there is no change in the income tax structure but the government’s decision to raise capital expenditure will boost the economy in the long run. The trickle-down effect will give a major fillip to the economy in years to come. The Finance Minister Nirmala Sitharaman raised capital expenditure by

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