According to Sinha because of the Jan Dhan programme, every Indian can have a bank account. If you look at it, it is technology which is driving most of the programmes of the government. The Social Security Platform, which the government is working on is dependent on technology. Technology will be pivotal for Social Security, as it will enable a transparent system with digital audit trail. He also stressed that protecting and safeguarding privacy of the data was paramount and the government will ensure it is protected.
Sinha highlighted once the architecture of the Social Security Platform is ready, the government will be reaching to various stakeholders for inputs. Touching on start-ups and Net Neutrality, Sinha said, “India is going to be the entrepreneur engine catering to 6 billion people of the world. Access to high speed broadband should be available to every citizen, without any restrictions.”
Earlier during the day, addressing the India Digital Summit, Rajeev Chandrashekhar, M.P. – Rajya Sabha, said, “Net neutrality as an issue was there for a while. What the regulator has done is great but differential pricing has not been defined properly.”
According to Saurabh Garg, Jt. Secretary, Ministry of Finance, more than 95 percent consumer transactions is cash form. Non-cash payments still to penetrate rural areas.
“There are various benefits of cashless transactions as the printing cost will also go down which is a win-win situation for both. Infrastructure of being able to use cards. Point of Sale machine needs to be get on place. There are many issues related to Security like theft which we will have to look into going forward,” expressed Garg.
