Digital Era - 2020

 







The vision of Digital India is to transform India into a digitally empowered society and empower every citizen with relevant knowledge.


Major Initiative from Government is 


1. GeM - Government e Portal

2. UMANG - App for various government services

3. RAIS - Global Summit on Artificial Intalengance (AI) in Oct

4. Digi Locker

5. Aargya Setu App


GeM - Earlier government procurement was done through the DGSND rate contract which was done every year and transparency was not there. Now the Government has introduced an online portal similar to other consumer portal like Amazon or Flipkart for government procurements . All vendors can register in that portal and as per the specification government will call for online tender where they will get the lowest price and from authorized vendors by the manufacturer. This process has reduced corruption and brought more transparency to the system


UMANG - For any Government services we need to physically go to the department and give an application for our services. This new initiative has made an app on mobile through which all services can be availed by citizen. This has also simplified the process of getting any government services with the actual service charges by department and solution within timeline.

RAIS - Currently AI is the new tool to analyse the consumer behaviour . This is used for future predition using the BIG DATA. Through all the digital initiative there are lot of valuable data of consumer and which can be analised through artifical intalegence . This can be used in all walks of life so that we will have more preditability in our actions. Governemnt has conducted a global summit on AI with participation from major International cuntries and their expertise . This has given exposure to India in this segment.

Digilocker - This is a valid locker for storing all our government documents . This documents is valid for any government verification . This is a major initiative by government on document management segment and moving away from physical documents and getting into soft copy . Document management is a vast area and that is a major pain area for citizens and corporates . This is the first step in simplification of the storage.

Aargoya Setu App - This is one of the new initiative which was verymuch required for this pandamic to trace and track the covid patients and to ensure safety of citizen from spreading the virus . This was one of the quickest action from government for tracking the patients and monitoring them from spreading . Government has made it mandatory for all travel and help citizen to have a self analysis regarding the virus.

Aatmanirbhar campaign has given a push for self relient on Indian initiative so that we are not depended on other countires and which will attract more investment from outside India . 


When we discuss about digital India , digital transaction plays an important role other than the initiatives by the government . We have seen a major change in the transaction  on a daily basis.

1. Banking Cards - This is majorly Debit/Credit/Cash/Travel/and other cards 

2. USSD - Unstructured Supplementary Service Data is majorly used for mobile transaction using mobile phone with out internet.

3. AEPS - Aadhaar Enabled Payment Systems helps us for few banking transaction through PoS and micro ATMs . More through biometric verification for transactions.

4. UPI - Unified Payments Interface helps us to have multipe bank account transaction into a single mobile application.

5. Mobile Wallets - It is a digital way to carry cash and do transactions digitally with the mobile.

6. Banks Prepaid cards - These are preloaded cards from banks with limits for transactions.

7. Point of Sale - There are Physical , Mobile and Virtual PoS for sales transaction in Retail outlets.

8. Internet Banking - These are virtual banking like National ELectronic Fund Transfer (NEFT), Real time gross Settlement (RTGS) , Electronic Clearing System (ECS) , Immediate Payment Service (IMPS)

9. Mobile banking -  This is an App in Aneroid , Windows and IOS platform to do banking application

10. Micro ATMs - These are mass business agents like retail store to conduct basic bank transaction.

With these major initiatives corporates and individual citizens has benifited from the Digital initiatives which is the future of any economy.


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