Digital India: Part 4

Digital India can be built around the following themes:

  • BROADBAND: 100 Mbps bandwidth available for Rs 100 per month anywhere in the state. Broadband is a key fundamental requirement for building everything else on the digital side. Basically, the digital infrastructure needs to be given as much attention as other aspects of physical infrastructure (roads, ports, airports, power, etc.)
  • MAKE MOBILE NUMBER as IDENTITY and WALLET (STORED VALUE CASH). Even as the Centre plans to spend tens of thousands of crores on the UID/Aadhar project, there is a simpler solution which can be deployed far more quickly and at a fraction of the cost.
  • VENTURE FUND: State to do PPP for setting up a Rs 500 crore fund to invest in technology startups based in the State. Ideally, this should be done by VCs, but it is not happening. We need to make an intervention so that innovation “made/created in the State” gets a boost. One way to do this is to create the equivalent of X-Prizes for achieving specific goals in different verticals. This will also attract entrepreneurs to the state.

To be continued.

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.