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I heard a nice talk from the #AccountAggregator inauguration ceremony – important government officials stated that @RBI 's
Account Aggregator framework was #IncentiveAligned with citizens.
Account Aggregator framework was #IncentiveAligned with citizens.
I liked the term #IncentiveAligned. In the context of #AccountAggregators it meant that citizens wanted data privacy but also wanted their data present with the government to do something for them – their data empowering themselves.
This led to the concept of #DEPA or Data Empowerment and Protection Architecture – as an attempt to ensure that all #RegulatoryApplications and #IncentiveAligned with asks of citizens. Now, that is a great thing .....
Just 15 million Indians pay income tax. That is a little over 1 % of our population. Governments in India over many decades have tried their creative genius in trying various combinations of wresting out more out of the same percentage population.
But there are so many exemptions – something that this year's budget has tried to address, albeit in a wonky dilly-dallying and confounding way. The key question is, when you are earning and using some facilities by the government, just *pay* tax.
I know that people say - what have the Indian governments over decades done to improve quality of life. We have traffic, garbage – all flowing over, we have ambulances with patients waiting for traffic to clear. And we have short-sighted government policies to blame for this.
