Governments, at all levels, are and will be the critical players in leading not only this transformation but also the new wave of sustainable prosperity through jobs, investments, and new industries. Over the past few years, the government of India has launched a host of national programmes that present opportunities for investors to partake in improving India’s infrastructure and citizen service delivery. The state governments, in lockstep with the central governments, have also unveiled a new era of business reforms in the economy.
Digital Transformation: Opportunities and Challenges for Governments
In recent years, growing connectivity, adoption of digital technology, and the pandemic's after-effects have emerged as transformative forces for economies globally. While these rapid changes present immense opportunities for economic and social growth and development, this ‘new reality’ also presents daunting challenges for governments.
Why KPMG in India
- Swachh Bharat’ (Clean India)
- Make in India
- Ease of Doing Business
- Smart Cities
- Digital India
- Skill India amongst others
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Driving growth with Government trends
- Urban & Rural universal water & sanitation coverage missions in India
- Bridging the finance gap: Unlocking capital for MSME growth
Sumouleendra Ghosh
Partner and Global Lead - Water Sector, Government and Public Services
KPMG in India
The 7i Framework offers a comprehensive approach to bridging the significant funding gap in India's water sector. It unifies seven strategic levers essential for attracting and sustaining investment: strengthening institutional networks, leveraging diverse financing instuments, encouraging private investment through targeted incentives, deepening stakeholder involvement, fostering innovation in technology and business models, ensuring transparent information sharing, and driving measurable impact across infrastructure and financial outcomes. Together, these elements form a strong and enduring foundation for sustainable water sector financing.
While digitalisation and innovative lending solutions hold a key to address the MSME credit gap, a shift in focus from the sheer quantity of capital mobilised for the sector to the quality, accessibility, and utilisation of that finance is also required. This requires a granular, ecosystem-level approach that builds an inclusive financial system for MSMEs.
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Global insights
The logistics and warehousing market in India
Buoyed by the challenges of the pandemic and the rising ecommerce activity, the logistics and warehousing sector in India has seen a rapid transformation.