PM Narendra Modi: We, in G20, can build an entire ecosystem for technology-based solutions to address the challenges faced by humanity. All it needs from us are the 4Cs: Conviction, Commitment, Coordination, and Collaboration.
At the G20 Digital Economy Ministers’ meeting on Saturday, Prime Minister Narendra Modi revealed that India is in the process of creating a language translation platform named ‘Bhashini‘. This platform will utilize AI technology to enhance digital inclusion for all sections of society by offering assistance for the various languages spoken in India.
Prime Minister Narendra Modi also praised India’s digital transformation, emphasizing that the country has 850 million internet users who benefit from some of the world’s most affordable data rates. The prime minister credited the Digital India initiative’s launch in 2015 for the significant progress made in India’s digital landscape over the past nine years. He conveyed this message through a video message.
— Narendra Modi (@narendramodi) August 19, 2023
He discussed the use of technology to improve governance and cited Aadhaar as an example. He also highlighted the JAM trinity – Jan Dhan bank accounts, Aadhaar, and mobile phones – and explained how the Direct Benefits Transfer system prevents loopholes in the system. He added that digitalized taxation systems are promoting transparency and e-governance.
During a working group meeting, PM Modi expressed his satisfaction with the creation of a G20 virtual Global Digital Public Infrastructure Repository. He emphasized that India is an exemplary testing ground for innovative solutions and that the successes achieved within the country can seamlessly be adapted on a global scale. Modi also proposed the creation of a virtual center of excellence dedicated to digital skills and emphasized the need to build consensus on the “G20 high-level principles for a secure, trusted, and resilient digital economy,” cautioning against security threat challenges to the digital economy as it spreads globally.
We, in G20, can build an entire ecosystem for technology-based solutions to address the challenges faced by humanity.
All it needs from us are the 4Cs – Conviction, Commitment, Coordination and Collaboration.
– PM @narendramodi
— BJP (@BJP4India) August 19, 2023
Modi noted that India’s diversity makes it an optimal experimentation zone for solutions and that a solution that proves its mettle in India can seamlessly transcend international boundaries. The Prime Minister informed the attending delegates that India is ready to share its experience with the world and has successfully established an expansive online repository of global digital assets, known as India Stacks, aimed at leaving no individual behind.
Earlier today, the Indian Prime Minister praised the achievement of over 50 crore Jan Dhan accounts as a noteworthy milestone. According to a statement released by the Union finance ministry on Friday, approximately 67% of these accounts were opened in rural and semi-urban regions. Modi recognized the significance of this achievement and commended the fact that more than half of these accounts were owned by Nari Shakti. He also emphasized the importance of ensuring that financial inclusion benefits reach every corner of the nation, with most of the accounts being opened in rural and semi-urban areas.
The Prime Minister outlined India’s strides in the realm of the digital economy, pointing out the transformative impact of the trinity – Jan Dhan accounts, Aadhaar, and mobile phones – on financial transactions. He also revealed that India is building ‘Bhashini,’ an AI-powered language translation platform that will support digital inclusion in all the diverse languages of India.