“The use cases present the positive aspects of technology and innovation. The government is committed to keeping pace with the digital landscape developments including those related to legislations and frameworks,” the Survey said.
The document highlighted India’s digital journey in the public infrastructure space that started with Aadhaar as a medium for service delivery at the doorstep, followed by unified payments interface (UPI) that strengthened the digital payments infrastructure.
Read | Digital deals, R&D spends aid IT sector clock 15.5% growth in FY22: Economic Survey 22-23
“With other initiatives like CoWIN, e-RUPI, TReDS, account aggregators, ONDC, etc at different stages of implementation, India has developed a unique and cogent digital story to tell. The journey is ongoing and there is much untapped potential in India’s digital public infrastructure space,” it said.
“As our digital space widens to bring in newer services, the need for appropriate regulations also becomes paramount. Therefore, techno-smart regulations are the future for digital societies,” it added.
Discover the stories of your interest
The Survey said that governments across the world have adopted, or are introducing legislation that provide a foundation for robust data governance. The comments come at a time when the Ministry of Electronics and Information Technology is in the process of formulating a personal data protection bill.Read | Economic Survey 2023: measures to help startups flip back to being India domiciled
“In this regard, the governments worldwide have adopted or are introducing legislation to provide a foundation for robust data governance. Their policy goals can be complemented and advanced with the help of standard, open, and interoperable protocols that increase the choice of digital services available to a user and enhance user privacy, such as the data empowerment and protection architecture,” the Survey said.
The government dropped an earlier version of its data protection bill last year, and introduced a Digital Personal Data Protection Bill in November. Recently, the Central government has also been working on regulating several emerging areas in technology including cryptocurrencies and online gaming.
“In sum, the synergy between physical and digital infrastructure will be one of the defining features of India’s future growth story,” the Economic Survey concluded.
For all the latest Technology News Click Here
