New Delhi, February 16: In a bid to promote digital transformation via India stack's capacity-building programmes, India and Colombia on Friday signed a memorandum of understanding (MoU) on cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation.

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, exchanged the MoU with Mauricio Lizcano, Minister of IT and Communications of Colombia here. Both sides discussed the importance of Digital Public Infrastructures (DPIs). India Stack solutions are DPIs developed and implemented by India at population scale to provide access and delivery of public services. India Now Ranks As Third Largest Digitalised Country Among G20 Nations After US and China: Report.

Rajeev Chandrasekhar, IT Minister India's Post on X About MoU Signed with Colombia on X:

Mauricio Lizcano, IT Minister Colombia's Post on X About MoU With India:

The MoU intends to promote digital transformation, via India Stack, through capacity-building programmes, the exchange of best practices, the exchange of public officials and experts, the development of pilot or demo solutions and the facilitation of private sector contacts to mutually benefit the digital ecosystems of both countries.

India is keen on partnering with Colombia by building upon development partnership on digital transformation leading to a smooth adoption of Digital Public Infrastructure in Colombia. India's DPI has expanded beyond Aadhaar and unified payments interface (UPI), creating impact across sectors, including e-commerce, gaming, fintech, banking and MSMEs. Tech Industry in India Reaches ‘$253.9 Billion’ in Revenue in FY2024 With 3.8% Growth From FY2023, Adds 60,000 Employees: Report.

The landscape is currently expanding beyond the JAM trinity (Jan Dhan, Aadhar, Mobile) with properties such as Ayushman Bharat Health Account (ABHA), DigiLocker 2.0, Open Network for Digital Commerce (ONDC), Account Aggregator (AA), Digital Infrastructure for Knowledge Sharing (Diksha) among others.

(The above story first appeared on LatestLY on Feb 16, 2024 08:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website