Digital public infra to contribute 30-50 bps to medium-term growth

The government expects the platform to significantly boost the ease of doing business with secure, paperless, and hassle-free contracts

The public digital infrastructure built over the past six-seven years has enhanced economic efficiency and will contribute about 30-50 basis points (bps) to the potential medium-term growth of the country’s gross domestic product (GDP), according to the Economic Survey 2022-23.

The Survey states that the growth effects of the maturation of India’s public digital infrastructure have not been sufficiently understood. The reforms undertaken in recent years are expected to be among the most important drivers of growth in the medium term, it said.

The Survey said the dematerialisation of documents would trigger the next wave of digitalisation. This is expected