Aadhaar architect Nandan Nilekani on Friday said India has been "unique" in creating a set of public goods that are helping drive innovation in the country
Open digital ecosystems will unlock opportunities worth $700 billion for India by 2030, across sectors like healthcare, agriculture, MSME education, urban governance, as per a report by ONI and BCG
The discussions and meetings will begin soon to allocate work to various agencies that will be involved in developing the platform, said an official in the know
Nilekani, co-founder and non-executive chairman of Infosys has been included in a 9-member advisory council
Idea is to give 'free and fair' choice to buy products on online platform
IT firm regrets initial glitches, promises to fix them
Says govt's focus on setting up transaction systems over past few years has created huge data sets across systems
Says India is the only nation where anyone gets a digital vaccination certificate immediately. This can be printed, can be on one's smartphone or in the Digital Locker, and is QR coded
'I think small businesses are being brought into a digital world, getting access to markets, and companies can now start leveraging their own data,' says Nilekani
Firm's chief says Live Enterprise is an idea of how companies will be run in the future and a lot of it has come out of Infosys' own experience over the last three years
To achieve scale, one has to vaccinate 5-10 million people a day and this would need strong cooperation between govt and private sector, he says
He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities
Nilekani is the architect of India's Aadhaar ID system
Nilekani spoke at the Infosys Media Day 2020 event on Tuesday
Billions of dollars were transferred through the cash transfer programme using the Aadhaar platform during the Covid-19 crisis directly into the bank accounts of vulnerable people
Experts say the move will also encourage companies to focus on innovative products and solutions and improve BPM delivery efficiencies
Covid-19 inoculations pose an unprecedented challenge
The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology
The firm believes the strategy it has put in place and investments it has made in the past couple of years will help it achieve the target sooner than later
Impact on the economy would be heavier than estimated