At a time when Covid-19 pandemic has impacted small businesses, Nandan Nilekani, founding architect of Aadhaar and co-founder of Infosys, said that India needs to create jobs at scale. This can be made possible by millions of small businesses in the country, which are the future of India and engines of economic growth and job creation, he said.
There is also increasing adoption of digitization by small businesses including accounting systems, point of sale systems and return of GST (goods and sales tax) online. This is going to generate a wealth of data, which can then be used to offer them