Finance Minister Nirmala Sitharaman Highlights India’s Digital Growth at Wharton
Finance Minister Nirmala Sitharaman spoke at the Wharton Business School, University of Pennsylvania, emphasizing the crucial role of digital infrastructure in India’s rapid economic growth. She stated that India wouldn’t be the fastest-growing economy without the widespread use of digital infrastructure, which is available to citizens free of cost.
Sitharaman credited India’s success to the adoption of digital technology by its people, facilitated by free access and awareness programs in local languages. This digital outreach has empowered millions, providing access to essential services and government initiatives, especially in remote areas.
The minister highlighted the global recognition of India’s digital governance, including during its G20 presidency. She noted that the digital revolution has driven economic growth and positioned India as a leader in digital transformation.
Looking ahead, Sitharaman mentioned India’s goal of becoming a developed nation by 2047, focusing on infrastructure, investment, innovation, and inclusiveness as key areas to address challenges on this path.
Doubts Revealed
Finance Minister -: The Finance Minister is a government official responsible for managing a country’s financial matters, like money, taxes, and economic policies. In India, Nirmala Sitharaman is the current Finance Minister.
Nirmala Sitharaman -: Nirmala Sitharaman is an Indian politician serving as the Finance Minister of India. She plays a key role in shaping the country’s economic policies and financial decisions.
Wharton Business School -: Wharton Business School is a famous school in the United States where people learn about business and economics. It is part of the University of Pennsylvania and is known for its high-quality education.
Digital Infrastructure -: Digital infrastructure refers to the technology and systems that support digital services, like the internet, computers, and mobile networks. It helps people access online services and information easily.
Digital Governance -: Digital governance means using technology to improve how the government works and delivers services to people. It makes government processes faster, more efficient, and accessible to everyone.
Developed Nation by 2047 -: India aims to become a developed nation by the year 2047, which means it wants to have a strong economy, advanced technology, and a high standard of living for its people by then. This goal marks 100 years of India’s independence.
