Global DPI Summit successfully organised
Recently the Global Digital Public Infrastructure (DPI) Summit has been organized. The conference has been organized in Pune as part of the G20 Working Group (DEWG) meeting on the Digital Economy.
Under the chairmanship of India, the DEWG of the G20 has identified Digital Public Infrastructure (DPI) as a key priority area.
The theme of this conference of DPI: “DPI for Ease of Living, Ease of Doing Business and Ease of Governance”.
Key Findings of the DPI Conference:
- India has signed a MoU with three countries (Armenia, Sierra Leone and Suriname) to share India Stack.
- India has presented the concept of ‘One Future Alliance’. It is a voluntary initiative.
- The purpose of this Alliance is to bring together all countries and stakeholders to synergize, shape, prepare and design the future of DPI. In this way all countries will be able to use DPI.
- DPI refers to a set of shared digital building blocks, such as applications, systems, and platforms. These are governed by interoperable open standards or specifications.
- The DPIs commonly used in India are collectively known as the India Stack.
Its 3 different levels:
- Unique Identification (Aadhaar);
- Improved payment system (Unified Payment Interface, Aadhaar Payment Bridge, Aadhaar Enabled Payment Service etc.); And
- Data Exchange (DigiLocker and Account Aggregator).
Advantages of DPI:
- It enables better delivery of health and education services to accumulate human capital and promote growth.
- It enhances access to payment and financial services.
- Supports economic transformation and inclusive growth.
- Promotes innovation and competition.
- Narrows the gap in financial inclusion; Increases government revenue collection etc.
Source – PIB
