Page 23 - NIS English 16-31 February,2023

COVER STORY

First General Budget of Amrit Kaal

TECHNOLOGY WILL IMPROVE 39,000

Over
EASE OF LIFE compliances were reduced

to promote ease of doing
n An integrated filing process business
system will be put in place to
3,400
avoid filing the same information
with different government More Than
agencies separately. legal provisions were removed
n PAN account will be used as from the category of crime
a common identifier across all
systems of government agencies 100
for various business activities,
making it easier to do business. labs will be set up in
n DigiLocker will be set up for use engineering institutes to
by MSMEs, large businesses, and develop applications using 5G
charitable trusts. This will help in services.
keeping the documents safe and
sharing the information as and E-court project phase-3 will
when required. start with an expenditure of Rs
n A one-stop solution for identity
and residential address matching 7,000Crore
using DigiLocker and Aadhaar
will be provided.

n A National Data Governance
Policy will be brought in to spur
innovation and research by start-
ups and academia.

n Fintech services including PM
Jan Dhan, Aadhaar, Video KYC,
and UPI have been included to
make it seamless. The scope
of documents available in Digi
Locker will be expanded for more
fintech services. This budget will give an unprecedented

n An IIT will be given a research push to green growth, green economy, green
and development grant for 5 energy, green infrastructure, and green jobs,
for a sustainable future. In the budget, we
years to promote the indigenous have laid a lot of emphasis on technology and
production of lab-grown the new economy.
diamonds and their machines.
– NARENDRA MODI, PRIME MINISTER

New India Samachar February 16-28, 2023 21