India’s push for digital public infrastructure is praised by the World Bank

The World Bank’s G20 Global Partnership for Financial Inclusion (GPFI) document lauds DPI’s revolutionary effects in India

New Delhi: The World Bank’s G20 Global Partnership for Financial Inclusion (GPFI) paper lauded the transformative impact of Digital Public Infrastructure (DPI) in India during the last decade under Prime Minister Narendra Modi’s administration.

India is lobbying for DPI to be included as a significant takeaway from the upcoming G20 conference in New Delhi.

DPI is a collection of critical digital services and technology that allow governments to provide economic opportunities and social benefits to all inhabitants in a secure and effective manner.

The World Bank study commends India’s approach to DPI and adds that it has accomplished in six years what would have taken roughly fifty years.

“India has developed one of the largest digital G2P (Government to Person) architectures using DPI during the past ten years. Through 312 important programmes, this strategy has enabled transfers totaling around $361 billion to be made directly to beneficiaries from 53 central government ministries. The study indicates that as of March 2022, this has produced savings totaling $33 billion, or almost 1.14 percent of GDP.

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There were almost 9.41 billion UPI transactions in May 2023 alone, with a total value of over 14.89 trillion. For the fiscal year 2022-23, the total value of UPI transactions was over half of India’s nominal GDP.

The G20 Leaders’ Summit will take place in New Delhi on September 9 and 10. Over 30 heads of state and government, as well as key officials from the European Union and invited guest countries, will attend the summit. In addition, fourteen heads of international organisations are planned to attend.

The administration has been actively trying to integrate technology into governance since 2014, according to Rajeev Chandrasekhar, the Union Minister of State for Electronics and Information Technology, who recently spoke to NDTV. Additionally, he said that the Centre would keep up these initiatives by tying all public services to digital infrastructure.

India is anticipated to advocate for DPI as the G20 meeting draws international leaders to the nation’s capital.

The DPI conversation’s increased prominence has been one of the most astounding aspects of India’s G20 chairmanship. “All of these countries, including the big, powerful G20 nations, have really taken notice of the India case study and the use of technology by PM Narendra Modi to transform governance, democracy, and the lives of Indian citizens,” the minister said.

At the G20 meeting, India is also an advocate for the voice of the Global South. The nation has pushed for increased participation of developing nations in the G20 process and has demanded that the African Union be admitted as a permanent member.

PM Modi has been a vocal supporter of the African Union’s admission to the G20. He requested full membership for the African Union at the upcoming G20 conference in New Delhi in a letter to the G20 country leaders in June.

At the third G20 Sherpas conference in Hampi, Karnataka, in July, the suggestion to award the African Union full participation in the G20 was formally incorporated into the draughts communique for the summit.