NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, June 26, 2018

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.