India Leads with World-Class Digital Payment Infrastructures By CIO Tech Outlook Team

India Leads with World-Class Digital Payment Infrastructures

CIO Tech Outlook Team | Thursday, 21 November 2024, 03:18 IST

India has implemented one of the biggest digital payment systems globally and established the framework to supply government benefits and other payments directly to recipients. Speaking at an event organised by India at the G20 Summit on Digital Public Infrastructure (DPI), Artificial Intelligence(AI), and Data for Governance (DfG), he said, “We will continue the focus on the transformative potential of DPI, AI and data-driven governance to advance the SDGs and enhance lives globally”.

He wrote, “Technology holds immense potential for driving progress on the SDGs (United Nations Sustainable Development Goals) and empowering lives globally. May humanity harness it together for a brighter and better future”.

The gathering was graced by UN Secretary-General Antonio Guterres, World Bank President Ajay Banga, International Monetary Fund Managing Director Kristalina Georgieva, World Trade Organisation Director-General Ngozi Okonjo-Iweala, and World Health Organisation Director-General Tedros Adhanom Ghebreyesus, among other notable figures.

Georgieva, in a post on X, expressed gratitude to PM Modi 'for emphasizing the significance of DPI, AI, and D at the summit'.

“Technology is vital for advancing the SDGs and transforming lives of people across the world”, she wrote. Okonjo-Iweala said on X that she had a 'good exchange' with PM Modi at the event.