India has made it a policy objective to ensure the benefits of the digital economy reach the last mile -this is in line with Prime Minister Narendra Modi’s vision of inclusive growth,' Vaishnaw said. ‘What is unique about India’s digital public infrastructure is that it is open source, interoperable, scalable, transferable, secure, and based on public-private partnership. Telecom minister Ashwini Vaishnaw said that India had created a unique framework for the digital economy and that digital public infrastructure was an important priority of India during its G20 presidency year. He also noted that digital payments infrastructure allows the Gates Foundation to make payments to workers in the field, enabling the adoption of innovation across sectors. “But because of the pioneering investments, including creating the basic Aadhaar identity, India was set in the lead in getting out payments,' Gates said. He added that before the digital approach came along, the speed of people adopting new bank accounts was slow enough that it would have taken 50 years to get pervasive usage. Now we want to drive that so that all those accounts get used on a regular basis,' he said. The portion of those accounts pointing to women is now the same as men going from 26% to 78%.

That number of adults with bank accounts went from 35% in 2011 to 78%, just after 10 years. “No country has built a more comprehensive platform than India. Lauding the Indian government’s efforts in providing a digital identity and financial inclusion through access to digital banking and democratising payments, Gates said that India’s comprehensive digital networks was an example for other countries. He also noted India’s great digital network and a very high percentage of people using smartphones.

The Microsoft co-founder and philanthropist said that India’s achievements in financial inclusion, digital health, digital education, and governance demonstrate how to scale technologies, thereby maximising their impact. As a result, India’s position on the Speedtest Global Index improved by 49 places from 118th in September 2022 to 69th in January 2023. According to Ookla, the global leader in network intelligence and connectivity insights, the median download speed increased from 13.87 Mbps in September to 29.85 Mbps in January 2023. 5G has significantly enhancing mobile internet speeds in the country.

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