01-01-1970 12:00 AM | Source: Accord Fintech
India to promote digital public infrastructure to deepen financial inclusion : Amitabh Kant
News By Tags | #3344 #4373 #522 #2641 #139 #612 #3265

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

In order to deepen financial inclusion and improve service delivery, India's G20 Sherpa Amitabh Kant has said India will work with countries to promote digital public infrastructure. India will officially assume the G20 presidency from the current chair Indonesia on December 1. He said India is taking over the presidency of the G20 at a time when the world is going through a lot of turmoil. He added there is a geopolitical crisis in Europe, 200 million people have gone below poverty line and 100 million people have lost jobs due to COVID era.

He said ‘There is a huge crisis of global debt. Almost 70 countries in the world are facing a debt crisis. We have the challenge of a global supply chain which is disrupted. You have the challenge of climate action. But every crisis is also an opportunity. And to my mind, this is a huge opportunity for India.’ He also said ‘At G20 we will all work with countries and in partnership with them towards promoting digital public infrastructure so that we can deepen financial inclusion, we can improve efficiency of service delivery, we can lead to better women's growth, we can solve challenges of the world by leveraging technology.’

He further said India's tech-enabled digital public infrastructure model driven by dynamic entrepreneurs is the very best in the world. He said ‘Now we must work with countries across the world to help drive digital inclusion at an unprecedented global space because we believe in one earth one family one future’. The G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union.