World Bank praises India’s digital infrastructure for its transformative potential ...Middle East

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World Bank praises India’s digital infrastructure for its transformative potential
source : Bloomberg News Today ( Middle East ) () 18
New Delhi, Advocating DPI’s potential in helping nations leapfrog digital transformation, a G20 document prepared by World Bank has praised India’s approach in unlocking the power of digital public infrastructure, including Aadhaar and UPI, for financial inclusion. The impact of DPI goes beyond inclusive finance, to supporting health, education, and sustainability, says the foreward of the document ‘G20 policy recommendations for advancing financial inclusion and productivity gains through DPI’. “The India stack exemplifies this approach, combining digital ID, interoperable payments, a digital credentials ledger, and account aggregation. In just six years, it has achieved a remarkable 80 p

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