Context
Recently, the Prime Minister delivered the keynote at the inaugural Sydney Dialogue via video conferencing.
Key-highlights
- The international order should ensure cryptocurrencies do not end up in the wrong hands.
- India’s space sector is open to private investment and that the agriculture sector is reaping the benefits of the digital revolution.
- He highlighted the leaps in India’s digital revolution that has redefined politics, economy and society. It is raising new questions on sovereignty, governance, ethics, law, rights and security.
- India’s industry and services sectors, even agriculture, are undergoing massive digital transformation. India is using digital technology for clean energy transition, conservation of resources and protection of biodiversity.
Five Important Transitions listed by India
- One, the world's most extensive public information infrastructure being built in India.
- Over 1.3 billion Indians have a unique digital identity (Aadhaar), six hundred thousand villages will soon be connected with broadband and the world's most efficient payment infrastructure, the Unified Payments Interface (UPI).
- Two, use of digital technology for governance, inclusion, empowerment, connectivity, delivery of benefits and welfare.
- Examples: Pradhan Mantri Jan-Dhan Yojana (PMJDY), Common Services Centres (CSC) etc.
- Three, India has the world's third largest and fastest growing Startup Ecosystem.
- Four, India's industry and services sectors, even agriculture, are undergoing massive digital transformation.
- Example: Government e-Marketplace (GeM), agri-startups, etc.
- Five, there is a large effort to prepare India for the future.
- Investing in developing indigenous capabilities in telecom technology such as 5G and 6G.
- India is one of the leading nations in artificial intelligence and machine learning, especially in human-centred and ethical use of artificial intelligence.
- Developing strong capabilities in Cloud platforms and cloud computing.
