What role has technology played in making business easier in India under the Modi government

Evaluate the impact of technology on the business environment in India and its contribution to ease of doing business.
Under the Modi government, technology has played a significant role in making business easier in India. Here are the key points highlighting the impact of technology on the business environment and its contribution to the ease of doing business: 1. Digital India Initiative: The government's Digital India campaign has aimed to transform India into a digitally empowered society, providing a strong foundation for business growth and development. 2. Infrastructure Development: Improved internet connectivity and the spread of smartphones have facilitated easier access to online services and resources, resulting in streamlined business operations. 3. Online Registration and Compliance: Online portals and digital platforms have simplified the registration process for businesses and made compliance procedures more efficient. This has reduced bureaucratic hurdles and eased the process of starting and operating businesses. 4. Digital Payments and Financial Inclusion: Initiatives such as Unified Payments Interface (UPI) and Aadhaar-enabled payment systems have revolutionized the fintech landscape, promoting digital payments and inclusion. This has enhanced transparency, reduced cash-based transactions, and improved the ease of financial operations. 5. Goods and Services Tax (GST): The implementation of GST has been greatly aided by technology, as it has digitized taxation processes, reduced paperwork, and created a unified tax system, resulting in a more business-friendly environment. Overall, the adoption of technology has positively impacted the business environment in India, simplifying processes, improving efficiency, and contributing to an easier and more conducive atmosphere for doing business.
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