Technologies like AI, 5G poised to transform many sectors: PM Modi
In a webinar today, Prime Minister Narendra Modi spoke on length about the transformative capabilities of new-age technologies and how they were playing a role in reshaping various sectors and government's interactions with citizens. The webinar titled ‘Unleashing the Potential: Ease of Living Using Technology' took place earlier today, February 28, and the PM discussed a wide range of issues that could be tackled with the help of technology including reducing compliance cost for small businesses, making tax system faceless and improving the grievance and redressal mechanisms.
Technology will help India achieve the target of becoming a developed nation by 2047, PM Modi said, as he mentioned the massive and modern digital infrastructure being created to ensure that benefits of digital revolution reach all citizens. He also mentioned that the government wants to reduce the cost of compliance of small businesses.
"We want to reduce the compliance cost of small businesses. Can you (industry) formulate a list of unnecessary compliances that can be pruned. We have finished 40,000 compliances," Modi said.
India is creating a modern digital infrastructure, and ensuring that benefits of digital revolution reach every section of the society, he noted.
Giving examples, he said technology is being used to make the tax system faceless to address problems of taxpayers.
Technologies like 5G and AI (Artificial Intelligence) are leading conversations now and poised to transform areas like medicine, education, agriculture, and many other sectors, Modi said adding technology formed the base of One Nation One Ration, and the JAM (Jan Dhan Yojana, Aadhaar and Mobile number) trinity helped in giving benefits to the poor.
“Now between your
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