How has the Modi government used technology to help businesses in India

Explore the impact of the Modi government’s technology-driven initiatives for businesses in India.
The Modi government has implemented several technology-driven initiatives to support businesses in India. Here are some key points on their impact: 1. Digital India: The Digital India campaign aims to transform the country into a digitally empowered society and knowledge economy. It has provided various online platforms and tools for businesses to streamline processes and enhance efficiency. 2. Start-up India: The government has launched the Start-up India initiative to foster entrepreneurship and innovation. This program offers numerous digital platforms for start-ups to access funding, mentorship, and business networking opportunities. 3. Goods and Services Tax Network (GSTN): The implementation of GSTN has simplified the taxation system, making it easier for businesses to comply with tax requirements. This online portal enables businesses to file returns and access real-time information on GST regulations. 4. Make in India: The Make in India campaign promotes domestic manufacturing and investment. The government has facilitated the integration of technology and innovation in various sectors to boost business growth and competitiveness. 5. E-governance initiatives: The government has digitized several services and processes, reducing bureaucratic hurdles for businesses. Online portals for registration, licenses, and permits have simplified procedures and reduced corruption. 6. Fintech support: The government has encouraged the growth of financial technology companies to improve digital access to financial services. Initiatives like Unified Payments Interface (UPI) have facilitated secure and convenient digital transactions, benefiting businesses and consumers alike. These technology-driven initiatives have positively impacted businesses in India by streamlining operations, enhancing efficiency, and fostering growth and innovation.
Answered a year ago
Amrita Preparing for Civil Services