Union Minister Ashwini Vaishnaw Highlights India’s Commitment to Cybersecurity at G20 Digital Economy Minister’s Meeting

During the G20 Digital Economy Minister’s meeting held in Bengaluru, Union Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw, underscored India’s focus on curbing cyber fraud activities. He stated that significant strides have been made to control cyber fraud, including the recent introduction of reforms to verify dealers. The minister emphasized that this effort aligns with Prime Minister Narendra Modi’s vision to make technology accessible even to remote and low-income segments.

Vaishnaw highlighted the three priority areas chosen by India’s presidency for the Digital Economy Working Group: Digital Public Infrastructure (DPI), Security in the Digital Economy, and Digital Scaling. These priorities, which resonate with Prime Minister Modi’s vision, aim to foster a secure, inclusive, and equitable global digital economy.

The minister praised Bengaluru’s role as an innovation hub, hosting some of the world’s pioneering tech companies. He highlighted the importance of the G20 Digital Economy Ministers’ Meeting as a platform for nations to collaborate and share insights on pressing digital economy issues.

Prime Minister Modi also addressed the meeting via video message, acknowledging the transformative impact of the Digital India initiative launched in 2015. He underscored India’s belief in innovation, speedy implementation, and inclusion, leading to a digital transformation that benefits 850 million internet users in the country.

PM Modi pointed out the success of the JAM trinity (Jan Dhan bank accounts, Aadhaar, and Mobile) in revolutionizing financial inclusion and the UPI payment system’s global significance. He emphasized the role of digitalization in plugging leakages in the system, promoting transparency, and enhancing e-governance.

The Prime Minister applauded the efforts to establish a G20 virtual Global Digital Public Infrastructure Repository and a Common Framework for Digital Public Infrastructure. He welcomed initiatives to facilitate cross-country comparison of digital skills and the creation of a Virtual Centre of Excellence on Digital Skilling, vital for a future-ready workforce.

As the digital economy expands globally, PM Modi stressed the importance of consensus on G20 High-Level Principles for a Secure, Trusted, and Resilient Digital Economy.

Additionally, the Prime Minister highlighted the Government e-Marketplace’s role in transparent public procurement and the Open Network for Digital Commerce, which democratizes e-commerce.

The G20 Digital Economy Ministers’ Meeting provides an opportunity for collaborative solutions and strategies to emerge, shaping the future trajectory of the global digital economy in line with Prime Minister Modi’s vision.

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