Mr. Steiner said India has an extraordinarily dynamic and globally relevant digital finance industry, combined with a public policy and government role also. “We consider India as one of the frontier countries in software development, in linking the possibilities of technology — hardware and software — to development outcomes. Mr. Steiner co-chairs a task force on Digital Financing of the Sustainable Development Goals (SDGs) established by Mr. Guterres. On the task force report, Mr. Steiner said digital finance’s dramatic potential for transformative impact is being revealed by the pandemic. Citing Indian government’s data on Direct Benefit Transfer, the report said, Digitalisation has saved India’s government an estimated $22 billion to date.

Source: The Hindu August 27, 2020 12:11 UTC