Good afternoon everyone and uh thanks GIP for calling me to this wonderful event. It's it's it's an honor. Um and uh the theme of the talk is in uh on my first slide uh misallocation and economic growth but to motivate my talk let me begin with a picture and the picture is kind of self-explanatory but nonetheless let me go and explain it a bit.There's this young entrepreneur, small but has great ideas but is struggling for some money, struggling for finance. And then there is this big company uh the problem ...

Google deepens consumer credit push in India with UPI-linked card https://t.co/Dy3C5QaJkZ ...

Financial Inclusion and Democratization - Finance is no longer exclusive but inclusive, common, and everywhere, accessible through digital means like apps, QR codes, and UPI [5][6] - Tokenization allows everyday people to participate in wealth creation by breaking down large assets into tiny tradable pieces, making investments accessible with small amounts like 100 rupees [16][17] - The RBI's digital rupee pilot program has the potential to reshape payments as a central bank-backed programmable currency [18] Economic Growth and Empowerment - MSMEs and startups are driving real change and building lives, particularly for women entrepreneurs who are creating opportunities and accessing credit through dedicated government schemes [7][8][9] - Rural entrepreneurs are turning tradition into enterprise with seed funding, mentorship, and tax benefits, achieving financial independence [11] - India is exporting confidence and promoting its currency through special rupee Vostro accounts with over 30 countries, reducing reliance on foreign exchange [12][13] Technological Transformation - The intersection of finance and technology is driving innovation, with examples like QR code payments for everyday transactions [4] - Cryptocurrency and tokenization are reshaping the financial world by providing autonomy and infrastructure that doesn't rely on traditional intermediaries [14][15] - Finance is evolving with technology, empowering individuals to take control, make informed choices, and participate in the financial system [3][22]

[Music] [Applause] [Music] Have you ever had a random thought while walking, sitting, chatting with your friends or while taking a shower and you thought oh what a you know it's a silly thought and you ignored what if I tell you that that one random thought could be your next breakthrough. Hi, I'm Mega Readal. I'm an IT professional and I work day in day out with uh academia impacting students, faculties and institutions and work closely to bridge the gap between industry and academia.And one thing which I' ...