Government policies triggered economy's formalisation, says FM Jaitley
The Finance Minister said that initiatives such as payments banks, which help towards formalization of economy, are no longer "drops in ocean but have become general pattern in society now".
Union Finance Minister Arun Jaitley with Paytm founder and CEO Vijay Shekhar Sharma and Paytm Payments Bank, CEO and MD, Renu Satti at the launch of Paytm Payments Bank in New Delhi. Image source: IANS