The 2023 Union Budget presented by India’s Finance Minister, Nirmala Sitharaman, highlights a push toward digital transformation in the country. The budget’s aim is to improve the lives of citizens and make India a hub for tech-driven growth, with updates on digital currencies, IT laws, and subsidies for manufacturing.
DigiLocker Upgrade: Improved Document Management
The digital document management platform, DigiLocker, has received a major upgrade in the 2023 Union Budget. The platform will now support more documents, making it easier for users to store and share important files. The Know Your Customer (KYC) process will also be streamlined, with a one-stop solution for updating identity and address through the DigiLocker app.
Making AI Work for India Initiative
The budget also announces a major initiative to advance AI in agriculture and healthcare, called “Make AI in India, Make AI work for India.” This program will be established in top educational institutions and aims to utilize AI’s full potential in addressing India’s challenges and establishing the country as a leader in AI technology.
Support for Indigenous Products and Startups
The budget also offers support for indigenous products and the “Made in India” program, including support for the development of BharOS, a new operating system from IIT Madras. The budget aims to boost the growth of startups in India by promoting entrepreneurship and innovation.
In conclusion, the 2023 Union Budget sets a new vision for India, prioritizing technology-driven growth and digital transformation. With a focus on digital solutions, AI, and indigenous products, the budget paves the way for a new era of progress and innovation in India.