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Lawyer Rahul Mattha argues that India’s model offers avoids the pitfalls of the hands-off approach of the United States and the regulatory intensive European model, offering a powerful “third way” developed and developing countries alike can follow | Latest News India
An update on an ambitious digital ID project for financial inclusion in Africa while experts from the Global South called for more funding.
In India, investment in digital public infrastructure (DPI) has transformed how the country does business and how its citizens interact with their government. DPI, or rails on which easy-to-use digital products and services can be built to benefit entire populations, has the potential to quietly remake entire economies through digital means in both the developing and developed world. However, to be successful, governments and businesses need to coordinate on how to invest in, build, and run this digital layer. The author lays out eight qualities of successful DPI projects, and how the public a...
The UPI is part of what is generally referred to as India’s digital stack, a combination of the country’s digital public infrastructure architecture.
Twenty years ago, when a consumer bought groceries or consumer durables in India, he either paid cash or gave a cheque or a Demand Draft to the merchant. Today, he has multiple payment options. He can make the payment by scanning a QR (quick response) code or transfer money to the merchant using his phone number; he can swipe or wave a credit or debit card through the Point of