Goods & Service Tax Network – Going Beyond the Obvious! Generating BI & Analytics for the Indian Government!!

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Throwing the system into shock becomes a way of
life for the Indian government ironically for
bringing in huge welcome changes Demonetization
was almost the heady cocktail served around
Diwali whose hangover continued into the new
year, followed by the implementation of the long
pending Goods Services tax, GST

• And this really only seems to be the beginning!

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Enter GSTN , the Digital Arm of GST
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Putting aside the shock, awe debates, the IT
companies remained silently geared up for
relevant action on GST since quite a few years
now Continuous communications from Mr Navin
Kumar, the chairman of the GSTN, the technology
backbone of GST puts a lot into perspective

• GSTN the Backbone of GST

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If one looks beyond the infrastructure portal
requirements, what catches immediate attention is
that GST in India will soon start generating more
than enough data to source to Analytics and bring
interpreted results to many divisions of the
governmentGSTN remains geared up to curate this
data to leverage analytics and generate
meaningful insights for better sync within the
departments of the government by partnering with
Business analytics solution companies

• Bringing in Intelligence Analytics

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There is great potential for leveraging
analytics, but that will be possible only once we
have data, maybe after two or three years. We
will start developing the applications for that
next year.

• Mr Navin Kumar, Chairman, GSTN

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The GSTN, a non-government, private limited
company, was incorporated on March 28, 2013.
The Government of India, all States, including
NCT of Delhi and Puducherry, the Empowered
Committee of State Finance Ministers and reputed
non-government financial institutions like the
HDFC, HDFC Bank, ICICI Bank, NSE Strategic
Investment Co and LIC Housing Finance Ltd hold
stakes in the company in varying proportions.

• GSTN, A Company Emerges

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• GSTN The Digital Arm of GST

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Obviously GSTN has very fine leadership. Mr Navin
Kumar the chairman is a former chief secretary of
Bihar and he has also worked in the finance
ministry and Prakash Kumar, the CEO, is also a
former IAS officer who left the service, worked
in Cisco and Microsoft and then came back into
this service. So, they are all highly
experienced people both in government as well as
in technology. I am confident that they will do
it.

• Mr Nandan Nilekani
• Chairman of the Unique Identification Authority
  of India UIDAI
• Head, Government of India's technology committee
  -TAGUP

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An Empowered Economy with BI Analytics
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The new government in India runs India like an
enterprise, with the prime minister himself
nothing short of a jet-setter CEO with a highly
dedicated team of focused individuals working
round the clock Empowering the Indian economy
with Business intelligence consulting then seems
a logical addition to the GSTN Ecosystem relying
on multiple IT based functions
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Rating of the taxpayers such as compliance
ratings Analyze sectoral studiesDetect tax
frauds Point out tax evasionsGenerating
insights income tax departments Studying trends
for various sectors production typesAnalyzing
turnover for certain commodities such as steel or
coal

• Putting BI Analytics to Use for GST

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VolumeThe large volumes of data generated by
individuals, enterprises government agencies
for analyzing is more than huge VelocityThe
velocity at which data is expected to flow in
through the portals with financial transactions
like invoices is predicted to run into millions
every month The real-time insight into these
huge data sets to be achieved by BI is a huge
challenge

• The Challenges for BI Analytics  

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Focused data collectionImproved management of
versatile dataAccurate reportingConducive
visibilities for keypersons departmentsOffer
self-service analytics options

• Giving a Push to GST with BI Analytics

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