World can emulate India's digital public infrastructure model, says Prime Minister Modi
India's digital public infrastructure is a model that other countries can emulate as it offers «scalable, secure and inclusive solutions for global challenges,» Prime Minister Narendra Modi said on Saturday. «India is ready to share its experiences with the world,» he said in a virtual address to the G20 digital economy ministers' meeting in Bengaluru on Saturday.
«We offered our CoWIN (Covid Vaccine Intelligence Work) platform for global good during the Covid pandemic. We have now created an online global public digital goods repository — the India Stack.
This is to ensure that no one is left behind.» Welcoming the G20's creation of a virtual global digital public infrastructure (DPI) repository, Modi said that a common framework would help create a transparent, accountable, and fair digital ecosystem for all. «We, in G20, have a unique opportunity to lay the foundations for an inclusive, prosperous, and secure global digital future,» he said.
«We can advance financial inclusion and productivity through digital public infrastructure. We can promote the use of digital technology by farmers and small businesses.» The three key areas selected for the G20 digital economy working group are digital public infrastructure, security in the digital economy, and digital skilling, union minister for electronics and information technology Ashwini Vaishnaw said in his address.
More than 45% of the global real-time payments take place in India with the unified payments interface (UPI) alone accounting for nearly 10 billion transactions every month, the Prime Minister said. India, which has more than 850 million internet users, has one of the cheapest data rates in the world and has leveraged this reach and technology to make
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