<p>By Ashneer Grover</p>.<p>"Removal of MDR is the most welcome step for me in the current budget - it's a positive demonetization and will help drive the credit growth that India needs. No more tolling in name of payments - everyone has to play the simple credit game now !</p>.<p>As individuals and organisations will have no disincentive to transact digitally under the new norms, the economy will make a swift transition from cash as well."</p>.<p>The author is CEO and Co-Founder at Bharat Pe.</p>.<p>Also, Follow<a href="https://www.deccanherald.com/liveblog/budget-2019-live-updates-gold-to-get-expensive-no-relief-in-income-tax-744987.html"> Budget 2019</a> for more updates<br /> </p>
<p>By Ashneer Grover</p>.<p>"Removal of MDR is the most welcome step for me in the current budget - it's a positive demonetization and will help drive the credit growth that India needs. No more tolling in name of payments - everyone has to play the simple credit game now !</p>.<p>As individuals and organisations will have no disincentive to transact digitally under the new norms, the economy will make a swift transition from cash as well."</p>.<p>The author is CEO and Co-Founder at Bharat Pe.</p>.<p>Also, Follow<a href="https://www.deccanherald.com/liveblog/budget-2019-live-updates-gold-to-get-expensive-no-relief-in-income-tax-744987.html"> Budget 2019</a> for more updates<br /> </p>