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'India Stack' conference to showcase our innovations to the world: MoS IT
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IANS | 25 Jan, 2023
The country will showcase its various innovations at the first 'India
Stack Developers' conference, expanding its reach to other countries as
well which aim to build digital public platforms, Rajeev Chandrasekhar,
Minister of State of Electronics and IT, said here on Tuesday.
The
developers' conference will be organised at the India Habitat Centre in
Delhi on Thursday by the National e-Governance Division (NeGD) and the
Ministry of Electronics and Information Technology (MeitY), where
national and foreign startups, along with system integrators, will
participate.
"India Stack was envisioned by Prime Minister
Narendra Modi and this annual conference is aimed at expanding adoption
of India Stack in various states and countries around the world that
want to build Digital Public Platforms," said Chandrasekhar.
He said that India has earned a distinct place in the world on how it used digital technology during the Covid-19 pandemic.
At
the recently-concluded 'World Economic Forum 2023' in Davos, the
Minister had said that at least seven countries have evinced interest in
adopting and customising India stack.
Earlier this month, Modi
met Microsoft Chairman and CEO Satya Nadella, who said that his digital
vision and all the programmes that have been launched around that vision
are creating amazing digital public goods, which are the greatest
contributions to the world.
Nadella described the meeting as an "insightful" one, especially around the India Stack.
India
Stack is a set of open APIs and digital public goods that aim to unlock
the economic primitives of identity, data, and payments at population
scale, like Aadhaar, Unified Payment Interface (UPI), Digilocker, CoWin
Vaccination Platform and more.
"The magic of India Stack is
unlike anything that I have seen anywhere in the world, which is perhaps
the greatest contribution that India can make to the world," Nadella
had said.
The India Stack is widening access to financial services in an economy where retail transactions are heavily cash-based.
Payments
through the UPI interface touched a record high of Rs 12.82 lakh crore
in December 2022, registering 782 crore transactions.
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