{"id":177619,"date":"2022-04-04T21:40:03","date_gmt":"2022-04-04T16:10:03","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=177619"},"modified":"2022-04-04T21:43:03","modified_gmt":"2022-04-04T16:13:03","slug":"whats-powering-a-trillion-dollar-revolution","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/whats-powering-a-trillion-dollar-revolution\/","title":{"rendered":"What\u2019s Powering a Trillion Dollar Revolution"},"content":{"rendered":"\n

Context:<\/strong> In recent years, the Indian government has been adopting path-breaking digital initiatives across various sectors. These initiatives hold tremendous potential to spur entrepreneurship, increase India\u2019s global competitiveness and meet the nation\u2019s goal of \u201cgrowth for all\u201d.<\/p>\n

What are the thrust areas of the government\u2019s digital strategy?<\/strong><\/h5>\n

First, <\/strong>a digital backbone for the country:<\/strong> The government is trying to achieve this aim by boosting up the optic fibre network,<\/strong> which is the digital backbone of a digital economy. It is being executed under the BharatNet project<\/strong>. \u00a0In addition, 5G services are likely to be rolled out by the end of the 2022. It will enable access to high-speed internet in a few years.<\/p>\n

Second, <\/strong>platforms and portals to improve the government services: T<\/strong>he government has been building up Open, scalable digital public platforms like Aadhaar<\/strong>, DigiLocker<\/strong> and UPI<\/strong>.<\/p>\n

In addition, the government has also planned (1) healthcare registry and platform<\/strong> known as Ayushman Bharat Mission<\/strong> to allow accessing and sharing of health records digitally, and (2) an open network protocols<\/strong> such as ONDC to make digital commerce more accessible for MSMEs,<\/p>\n

Also, the government has also planned for the Skill & Livelihood ecosystem-DESH, setting up a digital university and intensified focus on financial inclusion.<\/p>\n

Thirdly, digitising of public service delivery<\/strong>. For example, filing of income tax returns, single-window clearance for projects, the GeM portal for digital public procurement, the e-bill system etc. Also, the proposed Gatishakti initiative<\/strong> is a step in this direction.<\/p>\n

What are potential benefits of these digital upgradations? <\/strong><\/h5>\n

The digital platforms have the potential of scalability<\/strong> and inclusivity<\/strong>. For example,75% of the Public Distribution System (PDS) distribution<\/strong> at a national level has been done through Aadhaar-authentication.<\/strong> The disbursement of MGNREGA wage payment is done through a central platform which is authenticated by using Aadhaar.<\/p>\n

The Direct Benefits Transfer<\/strong> has helped to address the leakages and ensure government\u2019s saving to the exchequer. It has been done by leveraging Aadhaar.<\/p>\n

Way Forward<\/strong><\/h5>\n

There is a need for strong policy<\/strong> and regulatory reforms<\/strong> for boosting digital infrastructure in India. For this, the government can initiate Public-private dialogue<\/strong> to promote trust.
\nThe government can start using Web 3.0 technologies<\/strong> to plug loopholes and improve service delivery.<\/p>\n

A robust privacy and data protection law also needs to be expedited.<\/p>\n

News<\/strong>: The post is based on an article \u201cWhat\u2019s powering a trillion-dollar revolution\u201d published in the Times of India on 04th<\/sup> April 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Context: In recent years, the Indian government has been adopting path-breaking digital initiatives across various sectors. These initiatives hold tremendous potential to spur entrepreneurship, increase India\u2019s global competitiveness and meet the nation\u2019s goal of \u201cgrowth for all\u201d. What are the thrust areas of the government\u2019s digital strategy? First, a digital backbone for the country: The… Continue reading What\u2019s Powering a Trillion Dollar Revolution<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10496],"class_list":["post-177619","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700786978,"cached_date":1704727368},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/177619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=177619"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/177619\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=177619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=177619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=177619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}