India Stack Explained: UIDAI Chairperson on India's Transformation Through Aadhar, UPI, ONDC & More!

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Күн бұрын

Can innovative technologies like India Stack truly pave the way for a digital-first economy? In a rapidly digitising world, how do initiatives like Aadhar and PMJDY redefine notions of financial inclusion? As India progresses in digital innovation, what unforeseen sectors might be revolutionised by the ripple effects of initiatives such as ONDC and UPI?
Join us for the third episode of our series with Neelkanth Mishra, part-time Chair of India’s UIDAI project and one of India’s leading economists, as we delve deeper into India's shift towards a digital-first economy and showcase the innovative India Stack's pivotal role.
Chapters:
00:00:00 - 00:01:10 Episode Introduction
00:01:10 - 00:22:26 What is ‘India Stack’ and how are we feeling its impact?
00:22:26 - 00:24:08 How has India Stack influenced the digital infrastructure of other countries?
00:24:08 - 00:32:50 Neelkanth dissects the features and intricacies of Indian fintech initiatives
00:32:50 - 00:44:11 How are the Indian government and its stakeholders enhancing and expanding India Stack?
00:44:11 - 00:53:57 Neelkanth elaborates on how GST is empowering the growth and success of India Stack
00:53:57 - 00:58:35 How has GST helped in boosting India’s economy?
00:58:35 - 01:12:18 The formation, functioning, and future outlook of ONDC
01:12:18 - 01:19:41 Neelkanth talks about current inefficiencies and prospective future of India Stack
Resources:
1. Thirteenth Finance Commission fincomindia.nic.in/archive/wr...
2. A Deep Dive Into State Budgets In India www.ncaer.org/wp-content/uplo...
3. Lessons From India’s Digital Journey
www.imf.org/en/Publications/W...
4. Surveillance State, Book by Josh Chin and Liza Lin m.media-amazon.com/images/I/7...
5. How India is Taking UPI Global www.forbesindia.com/article/t...
6. What is an Account Aggregator?
sahamati.org.in/what-is-accou...
7. Panopticon en.wikipedia.org/wiki/Panopticon

Пікірлер: 42

@ollydsouza Ай бұрын

Mind boggling - especially for us living abroad forced into a system where one has to pay intermediaries and wait for responses and receipts hoping you were not scammed by an operator who pretended to be the payee! (Lots of old people get scammed by crooks or even legitimate employed reps!!!) Congratulations to Neilkant and hi UPI team!; Thankyou for this eye-opening episode!

@rajendraparte8242 3 ай бұрын

Amazing to hear India is leading digital revolution in our own way, innovating for our own needs...

@avinashmeru1498 3 ай бұрын

I think ONDC might move the profit margins to manufacturers than traders, this way manufacturers would be incentivized more to produce more.

@mady5647 2 ай бұрын

Also it has the potential to bring down distribution cost, aggregate goods/services.

@mady5647 2 ай бұрын

Hey Mukesh, great conversation which made me more curious and hopeful of people sharing, contributing and making more Indian success stories.

@abhishekkolli7410 3 ай бұрын

I had some difficulty understanding it since a lot of it is in hindi when sir spoke about account aggrgator, where no one in the world has this capability. A great job bringing him and educating us

@RaitaNag 3 ай бұрын

They think non Hindi speakers are not Indians

@deepaksaluja1 3 ай бұрын

Should he learn how to speak chuddie to cater to you @@RaitaNag

@mukeshpurohit9988 3 ай бұрын

@@RaitaNagwhere you find such narrative... To divide the society... Eg. I am not Hindi speaker I am Gujarat, even the pm is not Hindi speaker he learn the Hindi... He is also Gujarat , this narrative only run in the mostly tamilnadu.... Not even in the AP , Karnataka.. not spill poison...

@vyshark 3 ай бұрын

Just learn Hindi. It's easy. Make ur kids learn hindi if they already learning English. English is useless in developed countries like Japan and China so what's the point @@RaitaNag

@sparxbymukeshbansal 3 ай бұрын

Hi Abhishek! We've added subtitles for the Hinglish section as well, hope that helps.

@sundareshanal1849 3 ай бұрын

Superb podcast. Pl interview people from.I spirit, NPCI, Sahmati, ONDC etc.

@techievena 3 ай бұрын

Neelkanth Sir is a gem! Would love to learn more about ABHA as well.

@mr.whostheboss9884 3 ай бұрын

Great

@niranjan6725 3 ай бұрын

In India Stack you have forgotten to talk about ABHA (Ayushman Bharat Health Account) …….kindly consider talking about this in a future episode

@Jigyanshoo 3 ай бұрын

It's an absolute pleasure to watch the conversation. Both of you are great.

@daneilpatro2776 3 ай бұрын

this was a damn good episode. as you must have came across blume venture indus valley report digital sachet style consumption , is gonna be a game worth watching

@SatyanThukral 2 ай бұрын

GST has scope for improvement with IGST SGST CGST can be merged to GST at dealer level and AI can segregate it based on Ship From Ship To Bill from Bill To..single registration and any number of branches with single assessment

@xgowtham 3 ай бұрын

Guys there are people from South India too watching your content, please include proper English subtitles for Hindi convos 😵‍💫. No language politics..

@shreebalajisampath 3 ай бұрын

Very interesting discussion. Look forward to more of it. Neelkanth is a treasure trove of information related to finance and economics

@sunidhibhatnagar 3 ай бұрын

Thank-you for such an insightful podcast! Please create more such content. My most favourite podcast for sure ✔️💯🚀

@aravindswaminathan8516 3 ай бұрын

Phenomenal chat. Thankyou for doing this.

@SumitKhanna-wc8gy 16 күн бұрын

Great session !

@DeepSukhwani 3 ай бұрын

I wish I had access to Mr. Bansal and Mr. Mishra and even others in this ecosystem such as Mr. Kamath, Mr. Shah, etc. to discuss topics such as Socialism vs Capitalism approach towards certain facets like Roads and then doing a like for like comparison to tech-infrastructural level things like a Play Store / App Store where profit motive driven organizations charge massive revenue cuts (30%) as fees to users of their infrastructure whereas others such as Aadhaar providers / UPI providers, do not charge consistent fees in order to use their infrastructure for day to day usage. Other arguments could be - business hosting themselves on Play Store / App store are doing so for profit motives whereas lay-man using Aadhaar / UPI is often for daily convenience motive and not so much for self profit motive. but different points could be put forth in favor of each side. But the whole discussion would have been such a privilege to be part of. Hopefully, the facets of capitalism allow me and others like me to someday earn a seat at a table where these other well informed individuals are usually seated and we too get a chance to have word with them and learn from their point of view directly / in person.

@santhoshs7227 3 ай бұрын

Hey SparX team, the captions still read the Hindi words as it is, it’s not translating, could you please add English subtitles for hinglish and Hindi speaking portions please. Thanks.

@manishpkala2 3 ай бұрын

Thanks Mukesh

@paraschauhan6075 3 ай бұрын

Please add all the video in podcast somewhere.

@divyamkukreja9887 3 ай бұрын

Really Well Articulated.

@mathewskuruvilla 3 ай бұрын

Wow

@prashantverma7681 3 ай бұрын

liked the conversation ...

@ayushimishra1912 3 ай бұрын

How technologies will change basic agriculture and minning sector

@tstcikhthys 3 ай бұрын

Very nice interview. One thing though: you mean _effect_ or _contribution_ of India Stack, not "impact". I'm not sure where people are learning this nonsensical jargon.

@tanay_pant 3 ай бұрын

Those who hate MODI should watch this.😜😜😜

@lobhasg 3 ай бұрын

They will hate modi forever

@user-ew7rx3xw8w Ай бұрын

But u need to remember aadhar was started by Con gress which odi has used and taken it forward 😮

@user-ew7rx3xw8w Ай бұрын

Development and innovation is accidental byproduct of bureaucracy political games and the intention was not to help but help themselves to increase central government income nothing else