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Finance Minister Nirmala Sitharaman proposed expanding Digital Public Infrastructure (DPI) in credit, e-commerce, corporate governance, and law and justice sectors.
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The government aims to develop population-scale DPIs to deliver services to a large segment of the population.
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India’s existing DPIs, such as Aadhaar and UPI, have been highly successful and served as a model for other emerging economies.
In the Union Budget 2024-2025, Finance Minister Nirmala Sitharaman proposed expanding Digital Public Infrastructure (DPI) in various sectors, including credit, e-commerce, corporate governance, and law and justice. The government plans to develop population-scale DPIs to deliver services to a large segment of the population, building on the success of existing initiatives like Aadhaar and UPI.
India’s DPIs have been highly successful, reducing the cost of service delivery and reaching over a billion citizens. The government aims to replicate this success in new sectors, promoting efficiency and transparency. Additionally, India has been sharing its expertise with other emerging economies, helping them establish their own DPIs through initiatives like the Social Impact Fund.
The expansion of DPIs is expected to have a significant impact on various sectors, improving service delivery and promoting economic growth. With India’s experience and expertise in DPIs, the country is well-positioned to lead the way in digital transformation.
