Prime Minister Narendra Modi stated on Tuesday that technology will assist India in achieving its goal of being a developed nation by 2047, as he described the huge and contemporary digital infrastructure being established to ensure that the advantages of the digital revolution reach all inhabitants.
Modi, speaking at a post-Budget webinar on ‘Unleashing the Potential: Ease of Living Through Technology,’ stated that the government aims to minimise the cost of compliance for small firms and urged the industry to compile a list of compliances that can be eliminated.
“We wish to lower the expense of compliance for small enterprises. Can you (industry) compile a list of redundant regulations that can be eliminated? We have completed forty-thousand compliances “Modi said.
He added that India is establishing a modern digital infrastructure and ensuring that everyone benefits from the digital revolution.
To address the challenges faced by taxpayers, the tax system is being made faceless using technology.
“We used technology to make the tax system faceless and to solve problems experienced by taxpayers,” he added, adding that technology is being used to bring about a qualitative change in the lives of Indian citizens.
He stated that technologies such as 5G and AI (Artificial Intelligence) are currently dominating the debate and positioned to alter industries such as healthcare, education, agriculture, and many others.
The prime minister urged stakeholders to identify ten problems facing the average citizen that can be resolved using artificial intelligence.
One Nation One Ration was founded on technology, he said, adding that the JAM (Jan Dhan Yojana, Aadhaar, and Mobile number) trinity assisted in providing assistance to the needy.
He stated that the 21st century is technology-driven and cannot be limited to digital and internet technology alone.