India will become a developed nation by 2047, PM expressed confidence in the use of technology

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Business News Desk, PM Modi said that the use of technology will help in achieving the goal of making India a developed nation by 2047. He said that India is creating digital infrastructure on a large scale and ensuring that the benefits of the digital revolution reach everyone. In a post-Budget webinar series, Modi said on the topic ‘Harnessing Potential: Ease of Life Using Technology’ that the government wants to reduce compliance costs for small businesses. He asked the industry to prepare a list of non-compliances that can be done away with.

Only technology between complaint and solution
The Prime Minister said, ‘We want to reduce the compliance cost of small businesses. Can you list unnecessary compliances that can be done away with? We’ve eliminated 40,000 compliances. He said that technology is being used to solve the problems of the taxpayers. For this the tax system is being made ‘faceless’. “Now there is no human being, only technology, between your complaints and their resolution,” he said.

Modi said that it was only because of technology that the ‘One Nation, One Ration’ scheme could be realised. He further said that the JAM trilogy (Jan-Dhan Yojana, Aadhaar and mobile number) helped the benefits reach the poor. The Prime Minister said that technologies such as 5G and AI (Artificial Intelligence) are being discussed and are set to transform medicine, education, agriculture and many other sectors. He asked the stakeholders to identify 10 problems of the common man that can be solved using AI.

He said that the 21st century is technology-driven and it cannot be limited to digital, internet technology only. Modi said, ‘In every budget of the last few years, the emphasis has been on making life easier for the people with the help of technology. Technology and human touch have been given priority in this year’s budget as well.

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