| |NOVEMBER 20234VOL 3 · ISSUE 10 -1 ·NOVEMBER, 2023When the current union government started its first term under Prime Minister Narendra Modi heated up the talks of digital payments, it was not well received in the parliament, to say the least. The former finance minister posted then-valid queries such as "Which country has a cashless economy? Where is electricity in the country? Where are the POS machines?" But the government has a vision and a clear execution plan. The rest is history. Today, even the pushcart vendors in the remotest of villages accept digital payments. If innovation transforming a country was a technology, it would surely look like India's Unified Payments Interface (UPI), the instant payment system developed in India and now getting exported across the globe. India does more digital transactions today than that of the US, China, and Europe put together.India's success in digital transactions can be traced back to the launch of digital India in 2015. Recently, Minister of State for Information and Technology Rajeev Chandrasekhar reminisced about this success and the prime minister's vision. Addressing World Bank Digital Economy Conclave 2023, Rajeev said, "In 2015, through the launch of Digital India, Prime Minister Narendra Modi set unconventional expectations through three broad goals - technology should improve the lives of citizens, impact governance and democracy and further expand and create an architecture for an innovative economy. Over the past nine years, India has taken the lead in creating technologies as opposed to being a mute spectator and consumer of technology." Our country's budding technology leaders have much to learn from this case study. Solving societal challenges with futuristic technologies and innovations with foresight is a great way to success. Remember, India-problems always require India-solutions.Sujith Vasudevan,Managing Editor sujith@cioinsiderindia.comOffice Editorial queries editor@cioinsiderindia.comAdvertising Queriessales@cioinsiderindia.comBangaloreTel 080 46441103 To subscribeVisit www.cioinsiderindia.com/subscribe/ or send email to: subscription@cioinsiderindia.comMagazine price is Rs 150 per issuePrabhu Dutta A.R.N RayGM - Sales & MarketingShashi RanjanManager DesignMagendran PerumalCirculation ManagerEditorial TeamKeertana KantharajRoopalathaTejaswini PNischita Prakash NaikCIOInsiderNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Vayshnavi pdSr. DesignerPublisher & EditorManaging EditorAlok ChaturvediSujith VasudevanPrinted and published by Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.From India to the WorldEditorial
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