Indian Economy News

India Stack 2.0 to be more nuanced and intelligent: Mr. Rajeev Chandrasekhar

  • IBEF
  • January 27, 2023

Mr. Rajeev Chandrasekhar, Minister of State of Electronics and IT, while addressing the first ‘India Stack Developer Conference’, stated that India Stack will become more nuanced, intelligent, and sophisticated in its next avatar as more and more enterprises and countries across the world will innovate and integrate, execute, and implement digital transformation.

He said that the objective is to increase access and adoption of India Stack for countries that are keen to adopt and integrate it according to their requirements and also to create a robust ecosystem of startups, developers, and system integrators.

The India Stack 1.0 witnessed participation from various industry experts, about 100 digital leaders, and delegates of G20 countries. India Stack is a set of open Application Programming Interfaces (APIs) and digital public goods that aim to unlock the economic primitives of identity, data, and payments at the population scale, like Aadhaar, Unified Payment Interface (UPI), Digilocker, CoWin Vaccination Platform and more.

Ms. Debjani Ghosh, President, National Association of Software and Service Companies (NASSCOM), said that India Stack has brought digital transformation to the country. She shared that India using digital means has achieved financial inclusion for 80% of the population in six years as compared to the projected figure of 46 years.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.