India has some of the most exciting growth in startup sector recently. If anything they're going through a massive bull market buoyed by the modernization of their online infrastructure. Their digital finance (UPI vs Zelle) and digital identification system (Aadhar vs SSN) is the envy of other countries now.
I think just about anything would be improvement over SSN if the system was actually designed as a national identification system instead of being improvised into one.