India

India lifted 800 million people out of poverty “simply by smartphone”: UNGA President

Stressing the use of digitisation for rapid development, the President of the 78th session of the UN General Assembly, Dennis Francis, lavished praise on India for its work in this direction, which has lifted 800 million out of poverty in the last 5-6 years.

He highlighted how people in rural areas of India, are able to make payments and pay bills just on the touch of a smartphone.

“Providing the basis to rapid development, such as through digitalisation. Take, for example, the case of India…India has been able to lift 800 million people out of poverty over the last 5-6 years simply by the use of smartphones,” Francis said during his lecture at the Food and Agriculture Organisation (FAO) of the UN on the topic of ‘Accelerating progress towards Zero Hunger for the current and future generations.’

Francis emphasised the high internet penetration in India as a major factor why India has been able to benefit but not many other countries of the Global South.

“Rural farmers in India who never had a relationship with the banking system, are now able to transact all their businesses on their smartphone. They pay their bills, they receive payments for orders. 800 million people lifted out of poverty. Because there is a high level of internet penetration in India, almost everyone has a cellphone,” he said.

“That is not the case in many parts of the Global South. So, there has to be equity demands, there has to be some effort, initiative to address this inequality as an initial step in negotiating the global framework for digitalisation,” the UNGA President added.

Notably, digitisation has been one of the main focuses of the Narendra Modi government in the last 10 years. A rapid rise has been witnessed in digital payment transactions in the country in the last decade and UPI has emerged as a major contributor to it.

PM Modi has promoted the use of digitisation through the JAM initiative — Jan Dhan, Aadhar, and Mobile. Under this, people have been encouraged to open their bank accounts and every account has been linked with Aadhar.

This has helped in connecting people across the country, even in the rural areas with various government schemes and the social benefit payments reaching directly into the ban account of people.

ANI

Ani service

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

11 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

12 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

13 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

13 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

16 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

16 hours ago