- DPI is a digital network that enables countries to safely and efficiently deliver economic opportunities and social services to all residents.
- India Stack, India's own foundational DPI, consists of 3 layers: digital identity products centered around Aadhaar, Payments, and Data.
- Key findings
- By 2030, economic value add from DPIs has potential to increase 3times from current 0.9% to 2.9-4.2% of GDP driven by:
- Matured digital entities with successful mass adoption and larger economic impact. Example, Aadhar.
- Budding digital entities with successful proofs of concept and ready for mass adoption. Example, ABDM (Ayushman Bharat Digital Mission) and ONDC (Open Network for Digital Commerce).
- Presently, over 30 countries are either adopting or in early discussions to implement India’s DPI.
- By 2030, economic value add from DPIs has potential to increase 3times from current 0.9% to 2.9-4.2% of GDP driven by:
- Key challenges in DPI adoption include
- Lack of interconnectedness among government ministries.
- Lack of real-time data availability.
- Limited language expansion for users to access in preferred languages.
- Future partnerships beyond government services.
- Recommendations to achieve the 2030 DPI potential