![The Next Stage The Next Stage](https://cdn.magzter.com/Business Today/1725020286/articles/QYfHnl26w1725356940449/THE-NEXT-STAGE.jpg)
AFTER SUCCESSFULLY DEMONSTRATING the prowess of India’s digital public infrastructure (DPI) during the G20 Summit held here last year, the country is turning its focus towards the increased digitalisation of the economy as it aims to become developed by 2047.
It is building on initiatives like the identity system Aadhaar, the Unified Payments Interface (UPI), and the document-storing platform DigiLocker that have ensured services are delivered efficiently, transparently, and directly to citizens.
Finance Minister Nirmala Sitharaman, in her Union Budget speech on July 23, lauding the technologies for improving productivity and bridging inequality, said, “Public investment in digital infrastructure and innovations by the private sector has helped in improving access of all citizens, particularly the common people, to market resources, education, health, and services.”
The focus now is on scaling this ecosystem, ensuring its responsible use, and exploring new frontiers. But this journey to a fully digital India is fraught with challenges that require careful navigation, especially since other countries too have shown an interest in adapting the India Stack bouquet of digital services to their own conditions.
EMBRACING CHANGE
The DPI ecosystem, built on a foundation of trust, needs more robust governance frameworks that prioritise transparency and accountability.
There has been significant progress in adopting digital governance processes, says Santosh K. Misra, Partner at consultancy firm PwC. Almost all citizen and business services are offered on mature e-governance platforms, and more services are being added to this bouquet. Obtaining permits and licences has become smoother.
Denne historien er fra September 15, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 15, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
!["IF ANYONE WANTS TO INVEST, COME TO HYDERABAD" "IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"](https://reseuro.magzter.com/100x125/articles/161/1991162/8UUmdBKhG1739360774339/IF-ANYONE-WANTS-TO-INVEST-COME-TO-HYDERABAD.jpg)
"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"
Telangana CM Revanth Reddy's global ambitions, AI, green energy, and how Hyderabad is positioning itself as a premier business and innovation hub
![Where Food Meets Magic Where Food Meets Magic](https://reseuro.magzter.com/100x125/articles/161/1991162/opsS-DWVa1739361048657/WHERE-FOOD-MEETS-MAGIC.jpg)
Where Food Meets Magic
THE FOOD AT THE ROCA BROTHERS' RESTAURANT IN GIRONA TRANSCENDS THE ORDINARY TO BECOME PURE MAGIC
!["INDIA SHOULD CONSIDER LAND POOLING MODEL" "INDIA SHOULD CONSIDER LAND POOLING MODEL"](https://reseuro.magzter.com/100x125/articles/161/1991162/O3hMkV8Ix1739360926098/INDIA-SHOULD-CONSIDER-LAND-POOLING-MODEL.jpg)
"INDIA SHOULD CONSIDER LAND POOLING MODEL"
Andhra Pradesh (AP) minister Nara Lokesh talks about what governments can learn from the state about overcoming the land availability challenge
![Breaking Barriers: The Extraordinary Journey of Pulkit Prakash Breaking Barriers: The Extraordinary Journey of Pulkit Prakash](https://reseuro.magzter.com/100x125/articles/161/1991162/Qezwx8vm31739359443032/BREAKING-BARRIERS-THE-EXTRAORDINARY-JOURNEY-OF-PULKIT-PRAKASH.jpg)
Breaking Barriers: The Extraordinary Journey of Pulkit Prakash
In an era where success often seems predetermined by privilege, Pulkit Prakash's journey from modest beginnings to legal eminence challenges conventional narratives. His remarkable transformation into the founding partner of Niti Bodh, a prestigious law firm, demonstrates how unwavering determination can reshape destinies.
!["Keep the company's imperatives in mind first" "Keep the company's imperatives in mind first"](https://reseuro.magzter.com/100x125/articles/161/1991162/aJUXQY6NA1739361504276/KEEP-THE-COMPANYS-IMPERATIVES-IN-MIND-FIRST.jpg)
"Keep the company's imperatives in mind first"
Westlife Foodworld Limited is a fast food restaurant holding company
![Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra](https://reseuro.magzter.com/100x125/articles/161/1991162/FplI5Ms8N1739359551054/BEYOND-THE-SCALPEL-HOW-DR-UNMESH-TAKALKAR-REVOLUTIONIZED-HEALTHCARE-IN-CENTRAL-MAHARASHTRA.jpg)
Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra
In an era where medical excellence often leads to overseas opportunities, one doctor chose a different path - transforming his homeland's healthcare landscape instead of seeking personal fortune abroad. Dr. Unmesh Vidyadhar Takalkar's journey from a bright medical student to a pioneering healthcare visionary in Marathwada stands as a testament to the power of purpose-driven leadership.
!["Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR" "Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"](https://reseuro.magzter.com/100x125/articles/161/1991162/kNugpgta61739359820916/FILS-WILL-MAKE-A-COMEBACK-MAYBE-THIS-YEAR.jpg)
"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"
Veteran investor Madhusudan Kela, Founder of MK Ventures, on Union Budget 2025-26, the future trajectory of the market, the Indian economy and more
!["TAX CUT TO PUT MONEY INTO PEOPLES' HANDS" "TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"](https://reseuro.magzter.com/100x125/articles/161/1991162/QdGfNhHaG1739357229548/TAX-CUT-TO-PUT-MONEY-INTO-PEOPLES-HANDS.jpg)
"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"
Tuhin Kanta Pandey, Finance and Revenue Secretary, and Arunish Chawla, Secretary of DIPAM, explain the macro philosophy of the Budget
![A BONANZA FOR THE MIDDLE CLASS A BONANZA FOR THE MIDDLE CLASS](https://reseuro.magzter.com/100x125/articles/161/1991162/2ZNaJpiz81739356393308/A-BONANZA-FOR-THE-MIDDLE-CLASS.jpg)
A BONANZA FOR THE MIDDLE CLASS
THE GOVERNMENT INCREASED THE TAX EXEMPTION LIMIT TO 12 LAKH AND REVISED RATES LOWER UNDER THE NEW TAX REGIME IN THE BUDGET FOR FY26. WITH A NEW INCOME TAX BILL ON THE WAY, WHAT DO THE MEASURES MEAN FOR TAXPAYERS?
![Expect Private Investment Cycle To Pick Up Expect Private Investment Cycle To Pick Up](https://reseuro.magzter.com/100x125/articles/161/1991162/NrxVnTuxi1739359720957/EXPECT-PRIVATE-INVESTMENT-CYCLE-TO-PICK-UP.jpg)
Expect Private Investment Cycle To Pick Up
The government's budgetary strategy focusses on modification and moderation, a fine balance between the long term and the short term