Use of technology to help India to become a developed nation by 2047: Narendra Modi

Prime Minister Narendra Modi has said that by 2047, technology will help India achieve the target of becoming a developed nation and outlined the massive and modern digital infrastructure being created to ensure that benefits of digital revolution reach all citizens.

While addressing a post-Budget webinar on 'Unleashing the Potential: Ease of Living Using Technology', he said that the government desires to reduce the cost of compliance of small businesses. He also asked the industry to formulate a list of compliances that can be pruned.

"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 everyone, he noted.

Technology is being used to make the tax system faceless to address problems faced by taxpayers.

"We used technology to make the tax system faceless, and to address problems faced by taxpayers," he said adding technology is being leveraged to usher in a qualitative difference in the lives of Indian citizens.

mentioned that technologies like 5G and AI (Artificial Intelligence) are leading conversations now and will transform areas like medicine, education, agriculture, and many other sectors.

He asked the stakeholders to identify 10 problem areas that a common man is facing and can be resolved using AI.

Technology formed the base of One Nation One Ration, he said, adding that JAM (Jan Dhan Yojana, Aadhaar and Mobile number) trinity helped in giving benefits to the poor.

He said the 21st century is technology-driven, and one can't restrict it to just digital, internet technology.