Saturday 4 February 2017

India Digitalising

Pankaj Bhanwani
Instructor’s Name
4 February 2017
Digitalising India

A robust broadband network is imperative for the many digital scheme

The union budget for 2017-18 clearly highlights the centres resolve to promote the digital economy by reducing cash transactions, bringing more economic activity into the formal sector and curbing corruption
The stepped up funding of the Bharat net - A project to connect all 2.5 lakh gram panchayats to a high speed fibre network is welcomed
China is splurging a staggering $182 billion to ensure universal high speed internet access by the end 2017
Aadhar Pay a merchant version of Aadhar Enabled Payment System proposed to be launch soon may benefit those who do not have debit cards ,mobile  wallets and mobile phones
While this will increase digital transaction the government encourage to increase digital transactions by 2500 crores
It appears ambitious given the infrastructure constraints and insufficient behavioural change among users

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