In a special interview with Business Today, Prime Minister Narendra Modi emphasized India's function as an innovation hub, notably because of its effective digital public infrastructure.
According to PM Modi, India has been successful in developing and utilizing digital public infrastructure for the socioeconomic growth of its citizens.
He emphasized that 46% of worldwide digital payment transactions are now made in India, which is "one shining example of the success of our policies," saying that "the world today sees India as the incubator of innovation."
Regarding how crucial technology-driven public welfare is
He claimed that the Pradhan Mantri Jan Dhan Yojana, UPI, Co-WIN, and Aadhaar digital public infrastructure and technology had successfully provided services to beneficiaries.
"India has demonstrated how important technology can be in assuring last-mile delivery. Technology has aided India in providing targeted benefits, according to PM Modi.
He claimed that numerous indicators had significantly improved as a result of the nation's use of technology, which is intended to promote inclusive growth and the formalization of the economy. In addition to better formalization, it has also made low-cost loans and other facilities for the poor more accessible, he continued.
In addition, PM Modi said that international experts had praised India for its skillful use of digital infrastructure. During his discussions, he made clear that foreign leaders were quite interested, highlighting the worldwide interest in India's accomplishments.
In addition to receiving praise from international experts, India's usage of digital public infrastructure has also piqued the curiosity of foreign leaders, according to PM Modi.
Technology-based acceleration of global development
Prime Minister Narendra Modi claimed that India's digital public infrastructure includes a wide range of goods that are useful in both the developing world and the industrialized world, and he added that many nations have expressed a strong desire to learn from "our experience".
"We are collaborating with G20 nations to use technology to speed up global development, with a focus on advancing the idea of digital public goods through a shared approach to digital public infrastructure. And the entire G20 membership has shown their profound appreciation for this," stated PM Modi.
