BENGALURU: India is set to become data rich from data poor in three to 4 years, helped by greater penetration of Aadhaar playing cards and an increase in individuals who personal smartphones, former Infosys co-founder and chief government, Nandan Nilekani, stated.
Nilekani stated that India’s distinctive digital id platform, which is predicted to cowl a few billion individuals by 2016, and the speedy rise in smartphone utilization “opens up an entire new approach of taking a look at purposes.”
“These, added with the federal government’s thrust on monetary inclusion to have financial institution accounts for all its residents, creates an infrastructure that has by no means occurred earlier than,” in accordance to Nilekani, who was delivering a keynote handle at an annual occasion in IIM Bangalore.