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Editor's Pick: PM seeks a secure digital economy

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Sun, Aug 20, 2023 09:31 AM

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The Digital India campaign launched in 2015 was aimed at creating greater national financial inclusi

The Digital India campaign launched in 2015 was aimed at creating greater national financial inclusivity, Prime Minister Narendra Modi said on Saturday. Speaking virtually at the meeting of the G-20 Ministers of Digital Economy taking place in Bengaluru, Mr. Modi presented India’s diversity as a resource that supports testing and solution of new digital products from all over the world and said it was necessary to build consensus on the “G-20 high-level principles for a secure, trusted and resilient digital economy”. “As the digital economy spreads globally, it will face security threats and challenges. In this context, it is important to build consensus on the G-20 high-level principles for a secure, trusted, and resilient digital economy. We in G-20 have a unique opportunity to lay the foundation for an inclusive, prosperous and secure global digital future,” Mr. Modi said in his opening remarks. He said the digital infrastructure should cater to farmers and small businesses and urged the need to create a “framework for safe and responsible use of Artificial Intelligence”. Mr. Modi presented India’s digital economy as an enabling system and said the country had leveraged technology to make governance “inclusive” and “transparent”. He highlighted the reach of the Aadhaar digital identity and said that it covered more than 1.3 billion Indian citizens. “We have used the power of JAM trinity — Jan Dhan Bank accounts, Aadhaar and Mobile — to revolutionise financial inclusion in India. Every month, nearly 10 billion transactions take place on UPI, our instant payment system. More than 45% of the global real time payments happen in India,” Mr. Modi said, emphasising that the digital system in India had brought “probity” into the governance system. He announced that India was building “Bhashini” an AI-powered language translation platform that would be available in all Indian languages. Calling for innovations in digital healthcare to be opened up for the public good, the PM had at an earlier meeting of G-20 Health Ministers in Gandhinagar urged G-20 Health Ministers to avoid duplication in funding and facilitate the equitable availability of technology. “The Global Initiative on Digital Health... will allow countries in the Global South to close the gap in health-care delivery. It will take us one step closer to our goal of achieving universal health coverage,” he said. The Hindu Explains How is the Supreme Court tackling gender stereotyping? Why is the BRICS summit important for India? Are turmeric supplements advisable? The Hindu’s Daily News Quiz Which country is set to host the BRICS Plus Dialogue from August 22-24? Brazil South Africa Kenya Russia To know the answer and to play the full quiz, click here. [logo] Editor's Pick 20 August 2023 [The Hindu logo] In the Editor's Pick newsletter, The Hindu explains why a story was important enough to be carried on the front page of today's edition of our newspaper. [Arrow]( [Open in browser]( [Mail icon]( [More newsletters]( PM seeks a secure digital economy The [Digital India campaign launched in 2015]( was aimed at creating greater national financial inclusivity, Prime Minister Narendra Modi said on Saturday. Speaking virtually at the meeting of the G-20 Ministers of Digital Economy taking place in Bengaluru, Mr. Modi presented India’s diversity as a resource that supports testing and solution of new digital products from all over the world and [said it was necessary to build consensus on the “G-20 high-level principles]( for a secure, trusted and resilient digital economy”. “As the digital economy spreads globally, it will face security threats and challenges. In this context, it is important to build consensus on the G-20 high-level principles for a secure, trusted, and resilient digital economy. We in G-20 have a unique opportunity to lay the foundation for an inclusive, prosperous and secure global digital future,” Mr. Modi said in his opening remarks. He said the digital infrastructure should cater to farmers and small businesses and urged the need to create a “framework for safe and responsible use of Artificial Intelligence”. Mr. Modi presented India’s digital economy as an enabling system and said the country had leveraged technology to make governance “inclusive” and “transparent”. He highlighted [the reach of the Aadhaar digital identity]( and said that it covered more than 1.3 billion Indian citizens. “We have used the power of JAM trinity — Jan Dhan Bank accounts, Aadhaar and Mobile — to revolutionise financial inclusion in India. Every month, nearly 10 billion transactions take place on UPI, our instant payment system. More than 45% of the global real time payments happen in India,” Mr. Modi said, emphasising that the digital system in India had brought “probity” into the governance system. He announced that India was building [“Bhashini” an AI-powered language translation platform]( that would be available in all Indian languages. Calling for innovations in digital healthcare to be opened up for the public good, the PM had at an earlier meeting of G-20 Health Ministers in Gandhinagar urged G-20 Health Ministers to avoid duplication in funding and [facilitate the equitable availability of technology](. “The Global Initiative on Digital Health... will allow countries in the Global South to close the gap in health-care delivery. It will take us one step closer to our goal of achieving universal health coverage,” he said. The Hindu Explains [Arrow][How is the Supreme Court tackling gender stereotyping?]( [Arrow][Why is the BRICS summit important for India?]( [Arrow][Are turmeric supplements advisable?]( The Hindu’s Daily News Quiz Which country is set to host the BRICS Plus Dialogue from August 22-24? - Brazil - South Africa - Kenya - Russia To know the answer and to play the full quiz, [click here](. [Sign up for free]( [[Tatmadaw | Myanmar’s ‘killing machine’] Tatmadaw | Myanmar’s ‘killing machine’]( [[Also Ran Black and yellow taxis, symbols of a bygone era] Also Ran Black and yellow taxis, symbols of a bygone era]( [[Chess world cup: Praggnanandhaa draws Caruana in first game of semifinals] Chess world cup: Praggnanandhaa draws Caruana in first game of semifinals]( [[Explained | How is the Supreme Court tackling gender stereotyping?] Explained | How is the Supreme Court tackling gender stereotyping?]( Copyright @ 2023, THG PUBLISHING PVT LTD. If you are facing any trouble in viewing this newsletter, please [try here]( Manage your newsletter subscription preferences [here]( If you do not wish to receive such emails [go here](

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