Mint has learnt. This would enable New Delhi to pitch its ‘India Stack’— digital solutions implemented at population-scale to deliver social benefits—to the developing world. New Delhi hopes that this in turn will make Indian platforms the benchmark for the global development of DPIs and cement its place as a key technology-partner amid a worldwide move toward digitalization.
Digital public infrastructure has become a key facet of India’s diplomatic outreach to the developing world, riding on the back of UPI, the Aadhaar bio-metric digital identity system and data management systems like DigiLocker. India has already expended significant diplomatic energy in exporting UPI. In its neighbourhood alone, Bhutan and Nepal are already using UPI while Sri Lanka announced its intention to roll out the platform during President Ranil Wickremesinghe’s recent visit.
According to foreign secretary Vinay Mohan Kwatra, UPI could be operational in Sri Lanka in the next 2-3 months. India and Singapore also agreed to link their national payments platforms this year. The National Payments Corporation of India (NPCI) is currently in talks with a number of Gulf nations, including Saudi Arabia and Bahrain, to build digital systems and expand cross-border remittances.
India’s skill and experience with developing and deploying digital platforms at scale has become a key part of New Delhi’s push to project itself as a technologically advanced nation capable of delivering workable solutions to global challenges. The push comes as India positions itself as a champion of developing countries that are grappling with debt crises, food insecurity and climate change. “Digital public goods developed by India in fields like electronic-payments, health,
. Read more on livemint.com