Prime Minister Modi called for building consensus among G20 members for a secure, trusted, and resilient digital economy
Addressing the G20 Digital Economy Ministers’ Meet in Bengaluru via video message on Saturday, Prime Minister Narendra Modi said the digital economy will face security threats and challenges as it spreads globally.

He pointed out that it is important to build consensus on the G20 High-Level Principles for a Secure, Trusted, and Resilient Digital Economy.

The Prime Minister also said G20 nations have a unique opportunity to lay the foundation for an inclusive, prosperous, and secure global digital future.

“Technology has connected us like never before. It holds the promise of inclusive and sustainable development for all,” the Prime Minister said.

He noted that financial inclusion and productivity can be advanced through Digital Public Infrastructure. 

The Prime Minister said India’s digital transformation is powered by its unshakeable belief in innovation and its commitment to speedy implementation while also being motivated by the spirit of inclusion where no one is left behind. 

While crediting the launch of the Digital India initiative in 2015 for the unprecedented digital transformation over the last 9 years, he said India’s 850 million internet users enjoy some of the cheapest data costs in the world.

He said the JAM trinity-Jan Dhan bank accounts, Aadhaar, and Mobile, have revolutionized financial inclusion with the UPI payment system facilitating nearly 10 billion transactions every month. The Prime Minister said 45% of the global real-time payments happen in India.

Prime Minister Modi also touched upon the Gati-Shakti platform that uses technology and spatial planning to map infrastructure and logistics, thereby assisting in planning, reducing costs, and increasing the speed of delivery.

The Prime Minister further highlighted the Government e-Marketplace, an online public procurement platform that has brought transparency and probity into the process, and the Open Network for Digital Commerce which is democratizing e-Commerce.

“Fully digitized taxation systems are promoting transparency and e-governance,” he added. The Prime Minister also mentioned the development of Bhashini, an AI-powered language translation platform that will support digital inclusion in all the diverse languages of India.

“India's Digital Public Infrastructure offers scalable, secure and inclusive solutions for global challenges,” Prime Minister Modi remarked.

Noting the incredible diversity of the country, the Prime Minister emphasized that India has dozens of languages and hundreds of dialects.

He further added that it is home to every religion and innumerable cultural practices from around the world.

“From ancient traditions to the latest technologies, India has something for everyone,” the Prime Minister asserted. With such diversity, he continued, India is an ideal testing lab for solutions.

He underlined that a solution which succeeds in India can be easily applied anywhere in the world.

The Prime Minister made evident that India is ready to share its experiences with the world and gave the example of the CoWIN platform being offered for global good during the Covid pandemic.

He underlined that India has created an online Global Public Digital Goods Repository - the India Stack to ensure that no one is left behind, especially those from the Global South.

The Prime Minister expressed satisfaction that the working group is creating a G20 virtual Global Digital Public Infrastructure Repository and underlined that progress on Common Framework for Digital Public Infrastructure will help create a transparent, accountable, and fair digital ecosystem for all.

He also welcomed the efforts to develop a roadmap to facilitate Cross Country Comparison of Digital Skills and setting up a Virtual Centre of Excellence on Digital Skilling.

He suggested promoting the use of digital technology by farmers and small businesses, establishing the framework to build a global digital health ecosystem, and developing a framework for the safe and responsible use of Artificial Intelligence.

Prime Minister Modi emphasized that an entire ecosystem of technology-based solutions can be built to address the challenges faced by humanity.

 “All it needs from us are the four C's - Conviction, Commitment, Coordination, and Collaboration,” the Prime Minister said, while expressing his confidence that the working group will take us forward in that direction.