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Last updated: 14 Sep, 2017  

Ravi.9.Thmb.jpg Digital inclusion foundation of financial inclusion: Prasad

Union Minister for Electronics & Information Technology and Law & Justice, Ravi Shankar Prasad addressing at the valedictory session of the Conclave on Financial Inclusion, organised by the United Nations in India, in New Delhi on September 13, 2017.
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Rituparna Kakati | 14 Sep, 2017
Union Minister for Electronics & Information Technology Ravi Shankar Prasad said on Wednesday that digital inclusion is the foundation of financial inclusion and the the government has been taking a lot of transformative initiatives towards this goal.

Speaking at a conclave on ‘Financial Inclusion’ organized by the United Nations, Ravi Shankar Prasad said, “Digital inclusion is the foundation of financial inclusion. We have certain fundamental approach for commitment as far as digital platform is concerned."   

"The first and foremost is, we want to become the leaders in the field digital revolution in the world. Second important attribute of our initiative is, we simply don’t want to digitize India, but we want to create a technology that is transformative, which will empower India, and also empowers Indians," he added.

The daylong conclave focused on physical access and infrastructure of financial inclusion, maximizing financial access and literacy for women and marginalized groups and using technology and innovation to determine the way forward.

Elaborating the the efforts of the Centre for digital transformation, Prasad said, "We are undertaking a lot of transformative initiatives like Digital India, Make in India, Start-up India, Smart Cities, Skill India."

"This is the age of information, and information is power. This is the age of technology, and technology is power; and this technology must empower India. We also want to create a digital ecosystem, which leads to digital inclusion. Digital India is more for poor and underprivileged," he added.

Commenting on the case pending in the Supreme Court on whether the government's move to make Aadhaar-linking mandatory with PAN, etc. is violative of the fundamental right to privacy, the minister said that a balance was needed to be maintained between Aadhaar data utility and privacy.

The Supreme Court on August 24 had declared Right to Privacy as a Fundamental Right guaranteed by the Indian Constitution, a ruling that could have a bearing on the case related to Aadhaar that has been made mandatory for various services.

The right to privacy is protected as an intrinsic part of the Right to Life and Personal Liberty under Article 21, the court had said.

Prasad said the Aadhaar data is safe and secure as its technology has been indigenously innovated.
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