Indian Economy News

'India Stack' conference to showcase our innovations to the world: Mr. Rajeev Chandrasekhar

  • IBEF
  • January 25, 2023

India will showcase its various innovations at the first 'India Stack Developers' conference. The country will also expand its reach to other countries which aim to build digital public platforms, said Mr. Rajeev Chandrasekhar, the Union Minister of State for Entrepreneurship, Skill Development, Electronics and Technology.

The developers’ conference will be organised at the India Habitat Centre, Delhi by the National e-Governance Division (NeGD) and the Ministry of Electronics and Information Technology (MeitY), where national and foreign startups will participate along with system integrators.

India Stack was envisioned by Prime Minister Mr. Narendra Modi and this annual conference is aimed at expanding the adoption of India Stack in various states and countries around the world, he said. He further added that India has earned a distinct place in the world on how it used digital technology during the Covid-19 pandemic.

Mr. Rajeev Chandrasekhar, at the World Economic Forum 2023 in Davos said that at least seven countries have shown interest in adopting and customising India stack.

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, Microsoft Chairman and Chief Executive Officer, Mr. Satya Nadella said. The India Stack is widening access to financial services in an economy where retail transactions are heavily cash-based, he added.

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