Digital India then and Now

Digital India then and Now

The nation is talking about #NRC, #CAA & #NPR, at the same time I am trying to see where do we stand in Digital Transformation.

Five years ago, Digital India was built to promote the digital transition of the nation and motivate its people. The government stressed the growth of technology to make it possible for all Indians to have a digital identity and enjoy reliable Internet access. 99 per cent of Indian citizens have now enrolled with #Aadhaar — a goal that seemed impossible not so long ago.

In comparison to a conventional driver’s license or the United States Social Security Card, India’s Aadhaar as a forum for financial inclusion, the automatic redistribution of government benefits, and low-cost citizenship enrollment were the government’s goal. Social Security Card. The digital identity project soon became the India Stack, a suite of digital payment infrastructure interoperable platform frameworks, validated paperless data, enterprise and utility purchases, and ultimately a consumer agreement system that is still inclusive, all effortlessly connected to Aadhaar.

The digital identification of India Stack coupled with the paperless layer enabled over Jan Dhan (“zero-balance”) accounts checked with more than 350 million. The government wanted to use Jan Dhan Accounts to encourage inclusion in the traditional banking system as low cost and hassle-free bank accounts. More than 85% of Jan Dhan account holders now have access to credit and saving goods through these accounts. The Jan Dhan-Aadhaar-Mobile (or JAM) trinity was important for fostering financial inclusion since more than half of the countries have smart-phones and access their accounts through mobile banking. The Indian Government has been able to use the JAM mechanism to ensure the early delivery of funding with zero structural diversion to the beneficiaried government, thereby allowing all of it to meet the intended recipients while $100 is left in the government’s currency.

The fast adoption of the Indian Stack has contributed to the public and legal discussion on the tension of privacy and creativity, the provision of services and technology by states, businesses and individuals. The controversy contributed to a decision by the Indian Supreme Court that private-sector privacy concerns bar Aadhaar from being used. Because the software had a massive transformative effect — technology allowed bank accounts to open in just 55 seconds and consumer integration for telecommunications businesses to reducing— Later the Government issued a decree ensuring the private sector’s continuing voluntary use of Adhaar while underlining the standards set for system use, including the manner in which information on personal identification is stored.

Financial and monetary policy formalization. The need for each user to apply a specific bank account ID has alleviated post-demonetization owing to a provision for duplicity and confidentiality in bank accounts. This traceability has helped the Indian Government to recognize over 255,000 shell companies with the little operation but large cash flows, whether they be from individual accounts or firms. They also drunk money and denied tax liability.

Personal taxes have also been influenced by data from the digital economy. The revenue tax increase, an indicator of fiscal stabilization that is measured as a rise in tax on GDP, is 2.20 a decade strong. This ensures that more and more people have to pay taxes. Digitization is starting to address the long-term, systemic problem of tax compliance, with countries where income tax bases historically reflect a lower single-digit percentage.


Demonetization also marked the way for a single nationwide Goods and Services Tax (GST) in July 2017. The Indian government and state taxes that had impeded trade and industry in the country were abolished at the time by combining them with a single national levy. While excessive complexity and other execution challenges have hampered its initial deployment, the new system was nevertheless quick and wide-ranging. More than 12 million businesses enrolled at GST as of our date of publication.

The primary beneficiaries of the introduction of GST through the benefits gained by the officialisation of their companies were small and medium-sized enterprising (SMEs). The main advantage for these firms to become part of the formal economy is their capacity to exploit a “product tax credit,” which helps them to cover the tax already charged during the acquisition process and decreases their general tax burden. Enterprises registered to GST may receive public sector banks ‘ loans of up to 150 000 dollars with approvals within less than one hour by sending their tax invoices and bank statements.

Ease of doing business. Indian technologically competent policy initiatives have helped make the country’s rating on the World Bank’s Easy Doing Business Index significantly change. Where India placed 142 years ago, it now has the 77th position, a 65-place leap. India is one of the five economies that has most developed in the last two years and also one of the 10 major economies.

The major improvements were the simplicity with which building permits were issued and the facilitation of cross-border trade, all enabled by digitization and subsequent structural reforms. When India has proven to be the world’s third-largest start-up market, the cycle of launching and winding up a company is now far easier than it has ever been.


The development in technology adoption and digital payment systems for corporations of all sizes has also been a major aspect of India’s digital transition. India now has the world’s second-largest number of mobile telephones. The price of a mobile entry-level has plummeted to as little as $20, which encourages income groups to take up their services. This was known and confiscated by smart-phone manufacturers. There were two mobile assembly facilities in India five years ago. More than 50% of the population used smuggled telephones. The country today has more than 127 mobile production plants with now an hour drive from New Delhi, one of the largest manufacturing factories in the world.

Mobile data rates have also decreased drastically, with Indians paying only 20 cents a gigabyte a month for results. While much of this data consumption is clarified by the growth in the quality of local content and images, mobile devices are growing in user purchases and business services of various kinds.

Policymakers must maintain their position. The speed of the changes described has called for policymakers to keep pace, notably with respect to data security and privacy.

Two years ago, the kick-off on the Indian digital economy led to a draft Indian Data Protection Framework designed to create data protection standards for all intermediaries or companies who process, save and share information, and empower individuals to use their data. The goal is to give the owner and developer of the data the right to share their data with the absolute — and educate them. Of example, if someone chooses to use the best customs insurance scheme and exchange their details with various insurance companies, then they should have the ability to do so in such a way as to determine what information is to be exchanged, which insurers should have access to and how long. This is the ultimate objective of the new data security system that will complete the Indian Stack when fully implemented and render the exchange of these data more protected through a special, stable and easy-to-use interface.

But the potential and likelihood of this global transition are inspiring us. Despite obstacles and unforeseen detours, India continues to make progress towards a first-ever digital economy.

The investments made by the nation in its digital infrastructure are at the core of the transition. Technological progress in India and elsewhere have continued to outpace political developments. While India may leap into “the Fourth Industrial Revolution,” the tale has just begun of its social transition, as guided by digital disruption.


As more and more organizations invest in digitization, a well-planted modern transformation approach is now important. Companies which are not acting rapidly to build innovative business models and an extensive IoT strategy are going to fall behind. The organization needs to focus on the delivery of outstanding products to all consumers from suppliers offering connected items with value-added services to distributors that provide integrated omnichannel experiences.

PEOCIT Technologies allow you to transform the challenges into opportunities with intelligence. Through making the transition from traditional products and services to subsequent bus companies smoother, we support you excellently in the service economy.

Author :
Nilotpal Datta
Digital Marketing Head
PEOCIT Technologies

About the author

Nilotpal Datta

A Digital Marketing professional with MBA in Information Management from Wales University, Cardiff who is been walking the entrepreneurship path in Digital Marketing with overall work experience of more than 15 years. Have worked with many Corporate Houses over past few years and currently associated with PEOCIT Technologies as Digital Marketing Head.

I am personally Certified in Google Analytics, Google Ads Fundamental, Google Digital Sales, HubSpot Social Media, HubSpot Inbound Marketing, SEMrust Technical SEO, Youtube Channel Growth, & BINGS Accredited Ads Professional.


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