Reforming inefficient and inequitable energy subsidies continues to be an important priority for policymakers, as does instituting “green taxes” to reduce carbon emissions.
CGD Policy Blogs
India is now recognized as a leader in digital government service delivery, enabled by the Aadhaar unique identification platform which has registered the equivalent of almost 15 percent of the world’s population. Many service delivery programs have been deployed at the state level, providing a rich comparative context. Some states have struggled to move towards effective and inclusive digitized programs while others have seemingly achieved a sophistication that is on par with, or surpasses, many developed countries’ capacities.
In our recent paper published by GSMA, we examined two approaches to conducting customer identification, verification, and due diligence (collectively referred to as “know your customer” or KYC) that make it easier for financial service providers to take on new customers: tiered KYC and electronic KYC (e-KYC). Of the two, e-KYC is the more promising long-term approach, but also the more challenging to implement.