“India hopes to
develop development-oriented and demand-driven partnerships, especially with
the global south. These offerings will massively help emerging economies in
various social aspects like financial inclusion, spurring innovation, and
propelling economic growth,” said the first person of the two mentioned above.
“There is interest in newer DPI as well, as the India
stack is increasingly finding popularity among emerging economies,” added the
person, who didn’t want to be named.
India’s
popular DPI and DPG programmes, especially in developing countries, include
CoWin, UPI and Aadhaar.
Some of the relatively new DPI and DPG that have found
traction include Samarth, an initiative by the ministry of education started in
2019, a digital cross-sectoral knowledge platform called Niti for States,
launched by Niti Ayog, and Agami, a platform to improve the law and justice
system.
In a brief last month, the independent global
think-tank Observer Research Foundation said that as the landscape of global
finance is undergoing a paradigm shift, with technological innovations
reshaping traditional systems, the India
Stack has enabled the country to leapfrog legacy financial and payments systems
of developed countries. “International markets including Singapore, the
UAE, Bhutan, Sri Lanka, and France have all either adopted or are looking to
adopt UPI technology,” it added.
Other DPI and DPG under the India Stack include
Ayushman Bharat, DigiLocker, Digital Mission, Diksha (national digital
infrastructure for teachers), Bharat Bill Payment System, BharatQR, DigiYatra,
Government e-Marketplace, Open Credit Enablement Network, Open Network for
Digital Commerce and FASTag. India has
been actively engaging with international bodies such as the UN and the G20 to
facilitate the export of its successful digital initiatives.
Known as the Indian Stack, India’s digital
infrastructure encompasses various platforms, which have been developed through
multi-sector collaborations.