- Digital Public Infrastructure:
- Game changer in enhancing economic potential of individuals and businesses.
- Strengthens potential economic growth through higher financial inclusion.
- Promotes greater formalization, increased efficiencies, and enhanced opportunities.
- Based on Aadhaar, Jan Dhan Yojana, and mobile phones (JAM Trinity).
- Digital public goods (e-KYC, digital signature, Digilocker, UPI) support financial inclusion.
- Unified digital interfaces simplify governance and improve resource allocation.
- Trust-Based Governance:
- Unleashes efficiency gains.
- Improves investor sentiment.
- Enhances ease of doing business.
- Leads to more effective governance.
- Achieved through reforms like IBC, RERA, decriminalization of minor economic offenses.
- Simplifies processes by reducing unnecessary compliances and repealing archaic laws.