Transformative Technological Initiatives for Amrit Kaal: A Review of Skill India Digita, India Stack, and the National Logistics Policy

Abstract

his paper undertakes a comprehensive examination of transformative technological initiatives to realize the vision of Amrit Kaal - a vision in the pursuit of fostering a dynamic and inclusive economy. These technologies include the Skill India Digital initiatives, The India Fintech Stack, and the various technology initiatives under the National Logistics Policy. Under the visionary leadership of Prime Minister Narendra Modi, Amrit Kaal envisions an empowered and inclusive economy achieved through the strategic integration of good governance and Digital technologies. A focal point of this vision, the Skill India Digital platform, stands as a groundbreaking initiative aimed at providing accessible digital skills training and fostering employment opportunities. In parallel, the India Stack, a pioneering digital infrastructure, has reshaped financial inclusion by providing secure digital identity and streamlined access to financial services. Integrating into the broader National Logistics Policy, the Gati Shakti program seeks to optimize the logistics sector through the strategic implementation of digital technologies. This paper employs an academic lens to dissect the intricate details of these initiatives, shedding light on their individual and collective impact on India’s economic and technological landscape. Through a meticulous analysis of these transformative technological initiatives, this paper aims to contribute to the understanding of their individual and collective impact on India’s economic landscape, shedding light on the opportunities and challenges presented by the intersection of technology and governance. The paper concludes that the total of these parallel technology initiatives collectively contributes to Total factor productivity growth. As India continues to invest in these initiatives, the cumulative impact on TFP is expected to be significant, driving sustained economic growth and development.