ATM, credit/debit cards to be redundant in 2.5 years: NITI Ayog CEO

Last Updated: 07th January 2017 06:09 PM | A+A A-

BENGALURU: In two and half years, the concept of debit, credit cards and ATMs will be redundant in India, predicted Amitabh Kant, chief executive officer of NITI Ayog while chairing a session on “Startups and Innovations which had Social Impact in India” in the city. “If we grow at 7 per cent, per capita income will increase to 4,000 dollars, while a growth at 10 per cent will push our per capita income to 7,000 dollars,” he said.



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