Digital Economy

Why it matters

• Enhances economic productivity by reducing transaction costs and streamlining supply chains through real-time data analytics.
• Promotes financial inclusion by providing marginalized populations access to banking, credit, and insurance services via mobile platforms.
• Facilitates the formalization of the economy by transitioning informal sector transactions into traceable digital records.
• Enables the delivery of public services and welfare benefits directly to citizens, improving transparency and reducing leakages.

How it is asked

Focus on the infrastructure requirements like high-speed internet and cybersecurity, the regulatory challenges regarding data privacy and taxation, and the role of digital public goods in bridging the rural-urban divide.