Public Private Partnership for Digitalization in Rural India (Kurukshetra December 2020) (Download PDF)

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Public Private Partnership for Digitalization in Rural India

  • India will continue to remain a young nation with a median age of 31 by 2030.
  • The rural belt would continue to support a large part of this population.
  • Rural economy contributes about 46 % to the national income.

Lending a Crucial Helping Hand

  • To facilitate digitalization of rural incomes.
  • Make it possible to convert digital income into cash.
  • Entities will have to be equipped to facilitate small amount transactions at higher frequency.
  • To focus on issues related to safeguarding digital payments and digital identities.
  • Targeted financial literacy and capability training.
  • Fintechs can put new technologies to work in order to shrink distances, expand customer segments, offer customized experiences, and bring in efficiency.

Key Areas-PPP Model Could be of Critical Use

  • Providing Cutting Edge Tools.
  • Insulating from Vagaries of Nature.
  • Helping the Food Processing Industry.
  • Agri-start ups

Government Initiatives

Government Initiatives

Benefits of Digitalization

  • To get skilled.
  • Transform their way of working.
  • Digitalization of Education.
  • Mobile Apps
  • Transportation
  • Valuable Platform

E-Commerce Portals

  • A focused approach to cater to the needs of rural population gaining popularity.
  • Several start-ups with novel solutions in digital learning and tele-medicine knocking on the doors of the rural consumer.

- Published/Last Modified on: May 9, 2021

Science/Technology, Govt. Schemes/Projects, Kurukshetra

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