Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How India Built a Digital Productivity Revolution
India's productivity story is often overshadowed by its service-sector narrative. But between 2014 and 2024, the country added roughly 1.2 billion digital identities through Aadhaar and shifted over 80 billion dollars in welfare payments from paper to digital rails. Lucas and Luna unpack how that infrastructure — the so-called 'India Stack' — boosted total factor productivity by an estimated 0.5 to 0.8 percentage points annually, according to a 2025 IMF working paper. They focus on one concrete case: the digitization of land records in a single state, which cut property…
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