How did the use of technology make business easier during Modi government
Examine the role of technology in making business easier during the tenure of Modi government.
- Digital Payments: The government promoted digital payment platforms like UPI, leading to easier and faster transactions, reducing the dependency on cash.
- GST Implementation: Technology-driven initiatives like the Goods and Services Tax Network (GSTN) enabled seamless tax collection and simplified the taxation system, reducing compliance burdens for businesses.
- Online Business Registration: E-governance platforms were established for business registration and compliance, reducing paperwork and bureaucratic processes.
- Startup Initiatives: The government launched various technology-focused initiatives like Startup India, facilitating innovation and making it easier for startups to establish and operate businesses.
- Infrastructure Development: Investment in digital infrastructure and connectivity initiatives like BharatNet and Digital India improved internet penetration and accessibility, enabling businesses to leverage technology more effectively.
- Skill Development: Technology-focused skill development programs like Digital India and Skill India aimed to enhance the capabilities of the workforce to adapt to emerging technologies.
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