New Delhi [ India ], April 12 (ANI): During the 9th Carnegie Global Technology Summit It seems like your message was cut off. Could you please provide more details about the specific theme or content you'd like me to paraphrase? DPI In 'The New Marketplace,' specialists examined the effects of Digital Public Infrastructure ( DPI ) across social and financial terrains. Sanket Bhondve , Joint Secretary at the Ministry of Electronics and Information Technology (MEIT) MeitY ), emphasised that DPI Should be "centered around citizens, user-friendly, and accessible."
"For every DPI We need to grasp the rhythm of the market and the intricate details of the industry. It must be centered around citizens, easy to use, and readily available. Putting all your efforts into one area won’t suffice; customization based on needs is essential,” Bhondve stated on Saturday.
Heba Shams , the Vice President for Multilateral and International Affairs at Mastercard highlighted the significant impact of global organizations such as the World Bank in promoting advancement. DPI initiatives.
"Starting from 2022, I must point out that international organizations have mainly focused on DPI And that encompasses the World Bank, which is taking on a crucial role in this domain, according to Shams.
Regarding the private sector's engagement with the DPI Shams stated, “Ever since the implementation of Aadhar in 2016, the number of credit card holders has doubled between 2016 and 2020. Therefore, one could say that we are beneficiaries.” DPI as well."
Vyjayanti Desai , as the Practice Manager for Digital Development Global Practice in South Asia at the World Bank Group, emphasized the significance of engaging the private sector in crafting foundational systems. DPI parts, especially digital identification systems.
Desai stated, "We frequently do not involve the private sector enough when crafting some of our fundamental initiatives." DPI Layers, specifically in this case, where the government undoubtedly has a part to play, such as with digital IDs.
Rohini Srivathsa , CTO of Microsoft India In South Asia, the importance of system integrators in providing solutions that enhance benefits for end users was highlighted.
Srivathsa noted that ensuring delivery to the final customer through swift product innovation is essential. He believes system integrators can significantly contribute in this area.
Significantly, the concluding 'Report of India G20 Task Force on Digital Public Infrastructure 'for Economic Transformation, Financial Inclusion, and Development' was published in 2024.
In a press statement, the Ministry of Finance mentioned that the efforts of this task force resulted in endorsing the definition and structure outlined. Digital Public Infrastructure ( DPI ) during India During India's G20 presidency, these initiatives will proceed for implementation under Brazil and South Africa's presidencies.
To mark the release of the report, Amitabh Kant, who serves as the G20 Sherpa, India had said, " India executed an amazing pole vault Digital Public Infrastructure We accomplished in just nine years what would typically require half a century without it. DPI . Today in India , UPI is utilized across all levels, ranging from small street vendors to extensive shopping malls, boasting the largest proportion of digital transactions worldwide, representing approximately a 46% share. These factors have served as foundational elements. India To navigate through the COVID-19 pandemic, whether it involves transferring $4.5 billion into the bank accounts of 160 million recipients or facilitating the distribution of 2.5 million vaccines over two years using digital vaccination certificates on smartphones, we have made significant progress in digitization. I am confident that this report will serve as the leading beacon for others around the globe to follow.”
The Co-Chair of the Task Force, Nandan Nilekani, stated, "Governments and enterprises across the globe are progressively recognizing that to genuinely attain the Sustainable Development Goals (SDGs) and social objectives such as equitable development, these targets must be underpinned by solid foundations." DPI to make that happen. DPI possesses the capability to significantly enhance the well-being of residents and reshape government operations. This has occurred here in India It all began with the Aadhaar ID system, designed to offer a digital identity to everyone. India n. Currently, approximately 1.3 billion India NS have acquired this digital ID, with an average of 10 million eKYC verifications taking place daily via Aadhaar."
He continued, "In terms of payments, UPI supports approximately 13 billion transactions each month, catering to around 350 million individuals and 50 million merchants." DPI Enabled direct transfers have saved the government $41 billion across central government programs. As such, it's no longer an option or a luxury. DPI It is crucial to achieve our goals. This Report will be instrumental in shaping the future direction. DPI "Approaches and actions worldwide." (ANI)
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