GoI’s digital play can succeed even more, with the right policy changes
Corporations often talk about the need for digital transformation. GoI is going through one of its own. Its path-breaking digital initiatives hold tremendous potential to spur entrepreneurship, increase India’s global competitiveness and meet the nation’s goal of “growth for all”.
The government’s digital strategy has three thrust areas – a digital backbone for the country; platforms and portals to improve the government services; and finally, open “stacks” that can be used for developing ecosystems. It has eschewed Western models and has built distinctive, scalable solutions for Indian problems. These together could add $1 trillion of economic value according to a GoI report published in 2019.
The government’s digital strategy has three thrust areas – a digital backbone for the country; platforms and portals to improve the government services; and finally, open “stacks” that can be used for developing ecosystems. It has eschewed Western models and has built distinctive, scalable solutions for Indian problems. These together could add $1 trillion of economic value according to a GoI report published in 2019.