Experts Meet in Davos to Discuss How India’s UPI and Digital Public Infrastructure Has Helped Reduce Inequalities

On 16th January, during the Davos Innovation Week hosted by World Innovation Economics Limited, a panel discussion was held on the above topic.

The panel discussion was graced by Mr. Sanjeev Sanyal (Economic advisor to PM Modi), Mr. Phillip Weights (renowned Swiss banking leader), Mrs Efi Pylarinou (Swiss fintech influencer), Mr Ashok Ranadive (Ex Indian Navy, Ex Google, Entrepreneur and Investor).

Phillip Weights, Sanjeev Sanyal, Efi Pylarinou, Ashok Ranadive at Davos Innovation Week

The panel discussed about UPI, Digital Public Infrastructure, India Stack 2.0, CBDC, Blockchain, Data privacy.

All the panelists praised India’s rapid inclusive growth due to its robust digital public infrastructure, good governance and inclusive growth. Panel also discussed how technologies like UPI can be in future exported to US or EU as it is better alternative than SEPA and SWIFT.

During the panel, Mr Sanjeev Sanyal gave emphasis on India’s Digital Stack 2.0 and how India is building its next level of Digital Public Infrastructure.

Mr Philip Weights talked about Swift, Global banking and new payments system.

Mr. Ashok Ranadive talked about how India’s digital public infrastructure is better than USA. How UPI is better than US banking and SWIFT.