Bill Gates
Bill Gates Calls India’s Demonetization Drive A Bold Move
Bill Gates is all praise for Indian Prime Minister Narendra Modi’s demonetization drive.The Microsoft founder Bill Gates called the move a bold one, which he believes will deflate India’s shadow economy.
“The Prime Minister’s bold move to demonetise high-value denominations and replace with new notes with high security features is an important step to deflate India’s shadow economy,” Gates said.
In a total surprise move, the Indian Prime Minister Narendra Modi scrapped Rs 500 and Rs 1000 making these notes invalid in one of the boldest crackdowns on black money and corruption in India.
The PM said post November 8 midnight, the currency notes of Rs 500and Rs 1000 would be only paper, with no value and would no more be legal tender.
India is at the brink of a digital revolution with digital payment wallets swelling in number.
Among the popular digital wallets that have risen to the occasion are Vijay Shekhar Sharma-backed Paytm, Kunal Shah’s Freecharge, Mobikwik, Paynimo, PayU Money and RuPay, which are aggressively campaigning to benefit from the opportunity.
Gates said India has all the pieces in place for a compelling vision for digital financial inclusion and said digital transactions would enhance transparency and reduce leakages
Gates added that Aadhaar will convert a cumbersome, paper-based account opening process into a 30-second, all-digital system along with creating a centralized data repository.
Bill Gates Essay
When I was young, math and science were the easiest subjects for me and I read all the time. In my house, weeknight TV was not allowed but reading, board games, card games and puzzles went on for hours. In sixth grade, I did a project as a young inventor and entrepreneur who manufactured and […]
Inside Microsoft: the untold story of how the internet forced Bill Gates to reverse course
Introduction The case deals with Microsoft’s ability to transform its core products and services in response to changing market dynamics and the formation of the Internet Industry with cut-throat competition amongst various players. It showcases how Microsoft was an Operating System (OS) focused organizations. Other organizations such as General Motors Corporation and IBM leaders in […]
Bill Gates Calls India’s Demonetization Drive A Bold Move
Bill Gates is all praise for Indian Prime Minister Narendra Modi’s demonetization drive.The Microsoft founder Bill Gates called the move a bold one, which he believes will deflate India’s shadow economy. “The Prime Minister’s bold move to demonetise high-value denominations and replace with new notes with high security features is an important step to deflate […]
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