India ready to share technological potential to empower people of Global South: Seth |


New Delhi, November 17 (Language) Economic Affairs Secretary Ajay Seth on Friday said that India is ready to share its technological capabilities related to digital public infrastructure (DPI) and knowledge resources to empower the people of the ‘Global South’. is ready.

At the summit held in the national capital in September, G20 leaders committed to harnessing the opportunities of digital transformation to improve access to digital services and digital public infrastructure, and promote sustainable and inclusive growth.

Seth said at the second ‘Voice of Global South Summit’ that India’s chairmanship also focused on the role of technology in social transformation and economic empowerment, especially financial inclusion.

The ‘Global South’ refers to countries that are often referred to as developing, least developed or underdeveloped. These are mainly Africa, Asia and Latin American countries.

Seth said G20 policy recommendations to advance financial inclusion and productivity gains through digital public infrastructure supported by leaders can play a guiding role in rapidly scaling up financial inclusion, building on India’s success story.

“The G20 Financial Inclusion Action Plan for 2024 to 2026 also emphasizes deepening engagement with the Global South,” Seth said. India stands ready to share its technological capabilities and knowledge resources to empower the people of the Global South.

He also said that a notable achievement of the G20 is to lay the foundation for the creation of a globally coordinated policy and regulatory framework for crypto assets.

Language

Niharika Ajay

Ajay




Source link

Leave a Reply

Your email address will not be published. Required fields are marked *