Digital inclusion is the foundation of financial inclusion: RS Prasad

Ravi Shankar Prasad
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Digital inclusion is the foundation of financial inclusion, said Ravi Shankar Prasad, Union Minister for Electronics & Information Technology and Law & Justice.

The Minister was speaking at a conclave on Financial Inclusion organized by the United Nations.

“We have certain fundamental approach for commitment as far as digital platform is concerned. The first and foremost is, we want to become the leaders in the field digital revolution in the world. Second important attribute of our initiative is, we simply don’t want to digitize India, but we want to create a technology that is transformative, which will empower India, and also empowers Indians,” Prasad said.

“Digital India is more for poor and underprivileged. We are undertaking a lot of transformative initiatives like Digital India, Make in India, Start-up India, Smart Cities, Skill India. These are all technology based programmes; digital inclusion must be the common thread,” he added.

Projects like Pradhan Mantri Jan Dhan Yojana (PMJDY) can provide important learning in financial inclusion for other countries, Prasad said.

The daylong conclave focused on physical access and infrastructure of financial inclusion, maximizing financial access and literacy for women and marginalized groups and using technology and innovation to determine the way forward.