Nandan Nilekani calls for expanding Account Aggregators to help street vendors get credit

The Economic Times, citing PTI, reports that Nandan Nilekani urged India to extend its consent-based Account Aggregator framework beyond salaried people to street vendors, gig workers and other self-employed borrowers. He said tax returns, GST data and bank account information could support cash-flow-based lending, and suggested adding utility payments to the framework. He also called for fee income for aggregators and possible compensation for data providers.