Page 7 - Amitabh Kant

India leapfrogged 40 yrs of development with DPI: G20 Sherpa Amitabh Kant

With effective implementation of Digital Public Infrastructure (DPI) like Aadhaar, CoWin, many others, India leapfrogged 40 years of development and made progress in seven years which was expected to be achieved in 47 years, G20 Sherpa Amitabh Kant said here on Tuesday. Kant was giving a keynote address in the first Digital Economy Working Group (DEWG) meeting that witnessed active participation from G20 members, knowledge partners, and eight guest countries. "With effective implementation of DPI, India leapfrogged 40 years of development and made progress in 7 years which was expected to be achieved in 47 years. Any country can use the already developed DPIs and innovate on the top of the same," Kant said in a statement. Kant spoke at length about the successes of DPI in terms of inclusion, delivery of social services, preventing monopolisation in digital space, and security, privacy & governance. He shared the full suite of Indian DPIs, namely Aadhaar, CoWIN, DigiLocker, etc in .

Hydrogen mission to push India towards decarbonisation: Amitabh Kant

In an exclusive interview to ANI, Kant said India is making a very major energy transition and is the only country which was able to achieve its NDC targets nine years ahead of schedule

Developed world hasn't acted on 2009 climate pledge: G-20 Sherpa Kant

India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges, a top official said on Monday. These Bretton Woods bodies were created after the World Bank, and are largely focused on the direct lending which was necessary in the post-second world war period, India's G-20 Sherpa, Amitabh Kant, said. He said 15x more resources can be ploughed in to fight various developmental challenges like education and health and achieve sustainable development goals by using innovative financial instruments like blended finance, credit enhancement and first loss guarantees. So you will need a restructuring of the multilateral financial institutions over a long period of time. And that is critical for the world. I mean, a lot of these are things which are doable within this year's presidency, Kant said during an Asia Society event here late this evening. Earlier in the day, Kant had sai

India's G20 presidency will be decisive, inclusive, says Amitabh Kant

India's G20 presidency will be decisive, inclusive and outcome-oriented, said G20 Sherpa Amitabh Kant at a press conference on Friday

India has lot to offer to world in time of crisis: G20 Sherpa Amitabh Kant

"To my mind every crisis has a huge opportunity and G20 in the past has demonstrated the ability to deliver in times of adversity," he said

Great opportunity to look at sectors like green hydrogen: G20 Sherpa Kant

Kant further said that there will be a renewed push for green development and climate finance, with the concept of Lifestyle for Environment (LiFE) woven in

Multilateral bodies need to be rejigged for more climate finance: Kant

India would focus on sustainable development at the ongoing G20 deliberations

G20 Sherpa Amitabh Kant flags off Run Blue initiative by Mina Guli

India's G20 Sherpa Amitabh Kant on Sunday flagged off the 5-city India chapter of the Run Blue initiative of water advocate Mina Guli

Lunch with BS: 'G20 is about thinking and acting big', says Amitabh Kant

From tourism to development to projecting India's soft power to the world, Kant tells Ruchika Chitravanshi and Nivedita Mookerji that G20 is about thinking and acting big

Not good for govt to share aggregated data: G20 Sherpa Amitabh Kant

India's G-20 Sherpa Amitabh Kant on Tuesday pitched for the dissemination of data by the government in a granular form and said that sharing aggregated information is "not good". Addressing the G-20 development working group meeting here, Kant said data is a key aspect to help any country meet her developmental goals and added that India has benefitted from the same. Stressing on the importance of ensuring quality of data, the former civil servant who till recently worked as the chief executive of the government think-tank Niti Aayog made the reference to data aggregation practices by the government. "Government data are provided as aggregates, which is not good. We should break down the aggregation," Kant said. He said many a time, the quality of the data is also very poor and "we need to ensure that the data is de-cluttered, presented in a simplistic way and it is not difficult to navigate". "Quite often in government, we feed garbage and you get garbage and you feed our garbage

G-20 panel to mull taking leaf from India's digital ecosystem: Amitabh Kant

The Indian model, which is distinct from Fintech and European ones, has grown in 10 years instead of the 50 it would otherwise have taken, says India's

Three-day G20 Finance Track led by India kicks off in Bengaluru on Tuesday

Meeting, from December 13-15, will be hosted jointly by FinMin and RBI; Sherpa Track meetings already on

Emerging economies keen to replicate India's digital transformation: Kant

India's initiatives in digital public infrastructure such as Aadhaar, unique payment infrastructure and direct benefit transfer have been lauded at the G20 Sherpa meeting here, with several members stressing on the "need to replicate the model" in other developing countries, G20 Sherpa Amitabh Kant said. In an interview with PTI, Kant said he also highlighted the digital initiatives taken in the healthcare sector such as the Cowin app for implementing the Covid vaccination drive and Ayushman Bharat scheme that has extended health insurance cover to 500 million people at the first meeting of Sherpa under India's G20 presidency. "So, there was a lot of interest and a lot of appreciation for what India has done. Everybody said that this model needs to be replicated. I think that is one story which will definitely take forward in a big way in the subsequent rounds, he said. With the Ukraine conflict festering on, Kant said all countries were appreciative of Prime Minister Narendra Modi'

India's G20 priorities to reflect that of the global south: Amitabh Kant

'This is a unique forum of both the developed world and emerging economies. We need to build new approaches that benefit them both'

India's G20 Presidency will be positive, forward-looking, says Amitabh Kant

Talking about yesterday's event on sustainable development goals in the era of multiple crises, the G20 Sherpa added the session focused on women's leadership and climate finance

India to promote digital infra to deepen financial inclusion: Amitabh Kant

India's G20 Sherpa Amitabh Kant on Tuesday said New Delhi will work with countries to promote digital public infrastructure to deepen financial inclusion and improve service delivery. India will officially assume the G20 presidency from the current chair Indonesia on December 1. Speaking at the 7th edition of the Global Technology Summit organised by Carnegie India, Kant said India is taking over the presidency of the G20 at a time when the world is going through a lot of turmoil. There is a geopolitical crisis in Europe, 200 million people have gone below poverty line and 100 million people have lost jobs due to COVID era, he said while speaking on the topic 'India's Digital Way: The Road to G20 and Beyond'. "There is a huge crisis of global debt. Almost 70 countries in the world are facing a debt crisis. We have the challenge of a global supply chain which is disrupted. You have the challenge of climate action. "But every crisis is also an opportunity. And to my mind, this is a

In G20 Presidency meeting, India seeks reforms in multilateral institutions

While highlighting India's plans and priorities, G20 Sherpa Amitabh Kant on Saturday pitched for reforms in multilateral institutions where the alliance of multiple countries should pursue a common goal. Kant was speaking at a meeting of the G20 Presidency held at the pristine Swaraj Dweep, popularly known as Havelock Island, in Andaman and Nicobar Islands. The G20 sherpa told the delegates that priority should be inclusive and sustainable growth of climate finance, a senior official who attended the meeting said. The delegates - British High Commissioner to India Alex Ellis, Russian Ambassador Denis Alipov, German envoy Dr P Ackermann, Australian High Commissioner to India Barry O'Farrell and others - were briefed on substantive and logistical preparations for India's forthcoming presidency. Hinting at India's fight during the COVID-19 pandemic, Kant highlighted how the country has become the pharmacy and vaccine capital of the world. He also stressed the need for Sustainable ...

Need to promote circular economy to deal with climate change: Amitabh Kant

State chief secys' meet to address challenges faced in implementation of circular economy, says India's G20 Sherpa

Need to promote circular economy to deal with climate change issues: Kant

There is a need to promote a circular economy to deal with the issues related to climate change, India's G20 Sherpa Amitabh Kant on Thursday said. Addressing an event virtually, Kant noted different ministries and states are taking initiatives to promote a circular economy. He said in COP 27, India underlined its long-term low carbon emission strategy. India's Presidency for the G20 from December 1 provides an opportunity to the country for an accelerated transition towards the circular economy, he added. Noting that there is a need to create a business environment for the circular economy, he said," We need to ensure that regulations do not become burdensome". The G20 comprises 19 countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU). Together, they account for over 80 per cent of the global GDP, 75 per cent of internat

Financial regulators designed in socialist era, must change: Amitabh Kant

Financial regulators were designed in the "socialist era" and there is a need for a change in the mindset of many regulators to aid economic growth, India's G-20 sherpa Amitabh Kant said on Wednesday. Kant, a career bureaucrat who was till recently heading the government's think-tank Niti Aayog, also hit out against certain politicians for "ruining" the country by offering freebies like free power without naming anyone. Speaking at the annual SBI conclave, Kant said financial sector regulators like the Reserve Bank of India, Securities and Exchange Board of India or even the Competitive Commission of India need to act as development and change agents. "...regulators were also designed at a particular period when you were going through a socialist era, and therefore, there is a huge need for a change of mindset amongst many of the regulators I strongly believe," he said. The remarks come at a time when the RBI has hiked interest rate by 1.90 per cent to tame inflation, which is its