G20 Sherpa of India, Amitabh Kant, announced today that India has accomplished in nine years what would have taken 50 years without the aid of Digital Public Infrastructure (DPI). This statement was made during the release of the final report of Task Force on Digital Public Infrastructure.
Mr. Kant highlighted India’s significant advancements in digitization, noting that the Unified Payments Interface (UPI) is now utilized by everyone from street vendors to large shopping malls. This widespread adoption has propelled India to the forefront of global digital transactions. He emphasized that India’s DPI played a crucial role during the pandemic, enabling the transfer of 4.5 billion dollars into the bank accounts of 160 million beneficiaries. Mr. Kant described the report as a “guiding North Star” for the world.
Co-Chair of the Task Force, Nandan Nilekani, also spoke at the event. He remarked that governments and businesses worldwide are increasingly recognizing the necessity of DPI to achieve Sustainable Development Goals (SDGs) and social objectives like inclusive growth.
The Task Force, established in January 2023, was tasked with overseeing and facilitating India’s G20 Presidency agenda and priorities concerning DPI and financial inclusion.
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