DPI may contribute around 60-100 bps to India’s GDP growth rate: Economic Survey of 2023
By MYBRANDBOOK
Economic Advisor, V Anantha Nageswaran while presenting the Economic Survey of 2023 said that India's digital public infrastructure (DPI) may contribute around 60-100 basis points (bps) to the country’s potential GDP growth rate and there is a lot of justified optimism around it.
“There is lots of justified optimism about India's digital public infrastructure. The digital infrastructure can help the hitherto excluded sections get a fair shot at accessing national and international markets,” said Nageswaran.
DPI are solutions and systems that enable the provision of essential society-wide functions and services in the public and private sectors. Digital forms of identification and verification, civil registration, payment (digital transactions and money transfers), data exchange, and information systems comprises DPI and it was launched in India in 2009 when Aadhaar was first launched.
The bouquet of digital public infrastructure products like e-rupi, e-way bill, and TReDS for MSMEs have ensured real value for money to consumers while reducing the compliance burden for producers, the economic survey noted.
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