Digitalization News
Ghana’s Vice President Takes Aim at Top Job With Digital Shoutout
Ghanaian Vice President Mahamudu Bawumia, vying to be the West African nation’s next leader, touted technology as key to achieving a smaller and more efficient government.
1 min read8 Feb 2024The Real Reason You’re Paying For So Many Subscriptions
It’s one of the hidden forces behind the subscription economy: Americans are spending billions on stuff they forget to cancel.
6 min read19 Jan 2024Mint Explainer: What are the government’s borrowing plans for FY24?
To finance its fiscal deficit in FY 2023-24, the central government is planning to raise net debt of ₹17.99 trillion from various sources
1 min read9 Aug 2023ONDC is India’s next big bet after UPI | Mint Primer | Mint
In this video, we explore how ONDC is set to transform the way Indians shop online. From its government-backed approach to fostering fair competition, to its goal of bringing millions of sellers and buyers onto its network, ONDC is poised to revolutionize the Indian e-commerce landscape. With a focus on inclusivity and fair competition, ONDC aims to bring the vast untapped market of the undigitized population into the world of online shopping.Discover the potential economic impact, the challenges it faces, and how ONDC aims to provide a seamless user experience for consumers.
17 Jul 2023India’s Digital Transformation | Mint Explains | Mint
The video discusses the significant role of digitalization in India’s economy. It notes that digital infrastructure has become an essential tool for faster delivery, better targeting, and improved accountability. The article states that between 2014 and 2019, India’s core digital economy grew 2.4 times faster than the overall economy. It highlights the government’s emphasis on developing digital public infrastructure (DPI) and lists Aadhaar, UPI, Co-Win, DigiLocker, and Diksha as some of the platforms that have driven digital inclusion in India. The video mentions how the increase in digital penetration has driven formalization in the economy and notes the scale achieved through various platforms. The video concludes by highlighting the open and participative digital innovation environment in India and the government’s active collaboration with the IT industry.
30 Jun 2023MSMEs riding an e-commerce wave generate export optimism
India’s e-commerce sector has been a key driver of the country’s sustained high growth, with a predicted compounded growth of 13.9% between 2023 and 2027. The Foreign Trade Policy (FTP) 2023 offers a range of trade facilitation measures to e-commerce exporters, including extending all scheme benefits to e-commerce exports and increasing the value limit of exports through courier services. The government wants MSMEs to account for 60% of India’s total exports, which can be achieved by onboarding them onto online platforms.
3 min read14 Jun 2023India leads efforts to empower Global South in international taxation
India hosted a two-day event on international taxation in collaboration with the South Centre, a Geneva-based intergovernmental policy research think-tank
1 min read2 Jun 2023Vice Media to Sell Itself as It Files for Bankruptcy
Soros fund, Fortress among lender group that bid roughly $225 million for former digital-media darling
5 min read16 May 2023Alibaba’s $32 billion day signals breakups for China tech
China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that will individually raise funds and explore initial public offerings
5 min read29 Mar 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared