Govt Expects 5-7 Countries To Sign Up For Adoption India Tech Stack By March

Govt Expects 5-7 Countries To Sign Up For Adoption India Tech Stack By March

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New Delhi
The government expects five to seven countries to sign up for adopting India-developed technology platforms like UPI and Aadhaar by March to accelerate digitisation, according to Union minister Rajeev Chandrasekhar. While speaking at the India Stack Developer Conference, the minister said that the Prime Minister has decided to offer India technology platforms to countries to help them accelerate digitisation.
Chandrasekhar said that about 5-7 countries worldwide would sign up (for adopting platforms) by February-March. The government plans to reach out to several countries to offer them a technology stack (Aadhaar, UPI, Digi Locker, Co-Win, GSTN etc.) as part of its responsibility as G20 Presidency and expects Indian start-ups and system integrators to gain from the exercise.

Earlier this month, it was reported that the NPCI had permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. In a circular, the National Payments Corporation of India (NPCI) said it had received requests for non-residents to use international mobile numbers to transact in Unified Payments Interface (UPI).
The NPCI, in a circular dated January 10, had asked UPI participants to put in place a mechanism by April 30 under which non-residents with NRE/NRO accounts will be allowed to transfer funds using their international mobile numbers.

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