Union minister Anurag Thakur on Saturday claimed the governing administration is open to evaluate and explore new systems, like cryptocurrencies, for improving governance.
Key Minister Narendra Modi himself is a potent advocate of embracing technologies in several elements of governance, the Minister of State for Finance claimed even though addressing an function organised by Entrepreneurs’ Organisation – EO Punjab.
“Permit me say that we welcome innovation and new technologies…blockchain is a new rising technologies. Cryptocurrency is a sort of virtual forex. I firmly consider that we have to always evaluate, explore and stimulate new suggestions with an open intellect,” he claimed.
A High-Amount Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on electronic currencies and it has submitted its report.
The governing administration would consider a choice on the tips of the IMC and the legislative proposal, if any, would be launched in Parliament pursuing the