Tuesday
June 26
2018

Report: India’s Digital Leap to Have Substantial Social Impact – But Data Privacy is a Key Risk

India’s digital leap is expected to have substantial social impact, as it will lead to reduced income inequality and increased financial inclusion, but addressing data privacy will be critical, says a Morgan Stanley report.

According to the global financial services major, India’s digital leap will have substantial social impact across four key areas — reducing income inequality, broadening and deepening financial inclusion, improving quality of life and enhancing agricultural productivity.

Photo courtesy of Andrew Magill.

Source: Economic Times (link opens in a new window)

Categories
Inclusive Fintech, Technology
Tags
agtech, cybersecurity, data, digital revolution, financial inclusion, financial services, India, social impact, technology, unbanked