“Going forward, India must continue down this path to modernise soft infrastructure: reforms in the bond market, expanding investor base, greater participation of the private sector and strengthening the regulation of public banks,” said Luis E Breuer, senior resident representative for India, International Monetary Fund (IMF).
Washington, April 6: India s journey in developing a world-class digital public infrastructure highlights the lesson for other countries that are embarking on their own digital transformation, International Monetary Fund has said in a working paper.
The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that India's stack's development is guided by a foundational building blocks approach, and a focus on supporting innovation across the ecosystem.
According to the paper, for a diverse country like India, a building block approach provides those closer to the problem with the basic tools to create tailored solutions, , india, Digital Transformation, imf