• UGI USER
  • Jul 16, 2024
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INDIA URGED TO LEAD DIGITAL PUBLIC INFRASTRUCTURE IN GLOBAL SOUTH

Why in the news?

  • A G20 task force has highlighted India’s leadership in the digital public infrastructure (DPI) sector.
  • The task force’s final report suggests India should take on added responsibility to ensure these digital solutions benefit countries globally, especially in the Global South.

About Digital Public Infrastructure (DPI)

About DPI

  • DPI includes digital identification, payment infrastructure, and data exchange solutions.
  • It empowers citizens by enabling digital inclusion and improving lives through essential service delivery.
Source: govstack

DPI Ecosystem

  • Mediates the flow of people, money, and information.
    • Digital ID System for people flow.
    • Real-time fast payment system for money flow.
    • Consent-based data sharing system for information flow.

IndiaStack

  • A set of APIs enabling presence-less, paperless, and cashless service delivery.
  • India is the first country to develop all three foundational DPIs: Digital identity (Aadhar), Real-time fast payment (UPI), and Account Aggregator (DEPA).
About G20:

  • The G20 Summit is an intergovernmental forum fostering international economic cooperation and enhancing global economic governance.
  • Members: It comprises 19 countries and the European Union (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union )
  • Economy: Representing about 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.
  • Guest countries and international organizations like the UN, World Bank, IMF, OECD, and ASEAN participate annually to enhance dialogue and collaboration.

Associated Article:

https://universalinstitutions.com/analyzing-where-india-stands-in-the-g20/