DPI value addition can grow up to 4.2 pc
1 year, 1 month ago

DPI value addition can grow up to 4.2 pc

Deccan Chronicle  

Chennai: Digital Public Infrastructure with entities like Aadhaar, UPI and FASTag contributed 0.9 per cent to the GDP in 2022 and is expected to increase their economic value addition to 2.9 – 4.2 per cent by 2030, said NASSCOM. Apart from the 0.9 per cent economic value add, DPIs also contribute to financial benefits, ecological benefits and process efficiencies and convenience for the citizens. By 2030, the economic value add from DPIs has the potential to increase 3X from current 0.9 per cent to 2.9-4.2 per cent, driven by existing digital entities that will evolve to deliver superior user experience, utilizing new age tech of AI, Web 3 and others. In order to achieve the 2030 DPI potential, government agencies should provide proactive policy support and regulatory clarity, promotion on the usage of existing digital ecosystem through offline workshops and awareness campaigns, setting up task force to drive adoption of newer digital entities, and partnering with corporates and start-ups to launch sandbox for fostering innovation.

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