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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 . ....
A G20 document prepared by the World Bank has praised India s digital public infrastructure (DPI) for its transformative impact on the country s financial inclusion rate. The document highlights the role of the JAM (Jan Dhan-Aadhaar-Mobile) trinity, along with other ecosystem variables and policies, in driving up India s financial inclusion rate from 25% in 2008 to over 80% in the last six years. The DPI network has also facilitated transfers of $361 billion directly to beneficiaries and has brought efficiency and cost savings to the private sector. ....
Prime Minister Narendra Modi highlighted a G20 report prepared by the World Bank, stating that India has achieved financial inclusion targets in just six years, which would have taken 47 years without its digital public infrastructure. Home Minister Amit Shah added that the report acknowledges the success of India s Jan Dhan, Aadhaar, and mobile trinity infrastructure in empowering millions. ....
Minister of state for electronics and IT Rajeev Chandrasekhar said there was a global consensus for the first time on the principles of DPIs, cybersecurity in digital economy and digital skills, within the G20 digital economy ministers’ working group ....
MoS Rajeev Chandrasekhar says conversations around DPI today are being held across the world and these have gained momentum in the context of India’s presidency of the G20 ....