Budget will boost innovation in digital economy: Flipkart

Bengaluru: The Union Budget for fiscal 2019-20 would boost innovation and form the bedrock of the countrys digital economy,” leading e-tailer Flipkart Chief Executive Kalyan Krishnamurthy said on Friday.
Lauding the government’s commitment to digital India, Krishnamurthy said the impetus to start-ups, micro, small and medium enterprises (MSME) and Farmer Producer Organisations (FPOs) would form the backbone of the economy.
“The government’s vision on bridging the rural-urban divide with internet penetration will be pivotal in transforming India into a $5 trillion economy,” he said in a statement here.