India’s digital infrastructure will revive economy: Nilekani

Bengaluru: Co-founder and Chairman of Infosys Technologies, Nandan Nilekani, said on Monday that India’s digital infrastructure will play a major role in reviving the economy. He was addressing FICCI members at the National Executive Committee Meeting on ‘Digital India and its Impact on Economy and Industry’ in Bengaluru.

According to Nilekani, the country has witnessed dramatic transformation through Aadhaar-based e-KYC and online payments, and India’s digital data architecture will set the tone for business revival. “Once data becomes the basis for decision-making in many sectors, you will see a big change,” Nilekani said.

Nilekani believes that Aadhaar e-KYC has been “revolutionary” in making life simpler for people and India now has the infrastructure to deal with direct benefits transfers (DBT) in any segment. He added that DBT can revive the power sector.

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