{
  "title": "Stacking up the Benefits: Lessons from India’s Digital Journey",
  "publication": "IMF Working Papers, March 31, 2023",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2023/03/31/stacking-up-the-benefits-lessons-from-indias-digital-journey-531692",
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  "summary": "Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth.\n- India’s foundational DPI, called India Stack, has been harnessed to foster innovation and competition, expand markets, close gaps in financial inclusion, boost government revenue collection and improve public expenditure efficiency.\n- India’s journey in developing a world-class DPI highlights powerful lessons for other countries embarking on their own digital transformation, in particular a design approach that focuses on shared building blocks and supporting innovation across the ecosystem."
    },
    {
      "heading": "Key findings",
      "content": "- India Stack — a combination of unique digital identification, payments system and data exchange layer — has been used to:\n  - foster innovation and competition;\n  - expand markets;\n  - close gaps in financial inclusion;\n  - boost government revenue collection;\n  - improve public expenditure efficiency.\n- The design approach emphasizing shared building blocks and support for ecosystem-wide innovation is central to the successful deployment and use of DPI."
    },
    {
      "heading": "Policy lessons and implications",
      "content": "- Prioritize a design approach that focuses on shared building blocks to enable interoperability and reuse across services.\n- Support innovation across the ecosystem to leverage DPI for private-sector development and public-service delivery.\n- Use foundational DPI to address financial inclusion, revenue collection, and public expenditure efficiency.\n\n---\n\n Content in this bundle\n\n- Working Paper\n  - Working Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Working Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2023/03/31/stacking-up-the-benefits-lessons-from-indias-digital-journey-531692"
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    "Authors: Cristian Alonso, Tanuj Bhojwani, Emine Hanedar, Dinar Prihardini, Gerardo Uña, Kateryna Zhabska",
    "Published: March 31, 2023",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9798400240416.001",
    "Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth.",
    "India’s foundational DPI, called India Stack, has been harnessed to foster innovation and competition, expand markets, close gaps in financial inclusion, boost government revenue collection and improve public expenditure efficiency.",
    "India’s journey in developing a world-class DPI highlights powerful lessons for other countries embarking on their own digital transformation, in particular a design approach that focuses on shared building blocks and supporting innovation across the ecosystem.",
    "India Stack — a combination of unique digital identification, payments system and data exchange layer — has been used to:",
    "The design approach emphasizing shared building blocks and support for ecosystem-wide innovation is central to the successful deployment and use of DPI.",
    "Prioritize a design approach that focuses on shared building blocks to enable interoperability and reuse across services.",
    "Support innovation across the ecosystem to leverage DPI for private-sector development and public-service delivery.",
    "Use foundational DPI to address financial inclusion, revenue collection, and public expenditure efficiency.",
    "**Working Paper**"
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