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Param_Iyer_#theindiadialogue Feb 2023.pdf

  1. Improving the quality of life in India at Speed & Scale Parameswaran Iyer Feb 24, 2023
  2. India has emerged as a global bright spot 2
  3. Delivering Basic Services & Infrastructure 3
  4. Scale: Taking Development to the Last Mile (1/2) • Largest behaviour change campaign in the world – 600 million people went from open defecation to using toilets • 110 million household toilets constructed Swacch Bharat Mission UJALA PM Jan Dhan Yojana Jal Jeevan Mission • 368 million LED bulbs distributed since 2015 • 47,880 mn kWh energy saved per year • 387 million t CO2 reduction annually • Providing financial services like savings bank account, need based credit, remittances, insurance and pension. • 480 million beneficiaries; US$ 21.7 billion balance in beneficiary accounts. • Safe and adequate drinking water provided through tap connections to 112 million households in rural India. • 58% rural households already covered under the scheme.
  5. Scale: Taking Development to the Last Mile (2/2) • Affordable houses provided to 30 million households • Equivalent of providing every citizen of Australia a new home PM Awas Yojna Rural Electrification Scheme • Continuous power supply provided to rural India. • 28.6 million households electrified Ayushman Bharat • World’s largest health insurance scheme for 490 million Indians • 200 million Ayushman Bharat Cards already issued. Direct Benefit Transfer • US$ 338 billion transferred digitally to beneficiaries into their bank accounts (govt scheme benefits) • Completely eliminated delays, corruption or need of a middle-man in transfer of govt benefits
  6. 6 Aspirational India
  7. Speed & Scale through Digital Inclusiveness 7 85+ Bn Aadhaar based authentications 5.62 Bn Govt documents issued digitally 1170+ Mn mobile subscribers 7,829+ Mn UPI transactions done in Dec ‘22 . 821+ Mn Internet Subscribers 14+ Bn e-KYCs done India is among the most data rich countries in the world
  8. Citizen-Centric Reforms: Digital Public Infra (India Stack) 8 Consent - based • Digilocker • CoWin • Jeevan Praman (online system for Life insurance certificate) • UPI-based transaction payment system across India •eKYC (Individuals can self-certify for opening a bank account) •Bharat BillPay (Online utility payment) Aadhar-based authentication system for banking Paperless Cashless Presence- less
  9. Digital India: Available for the World 9 4 billion people do not have a digital identity 2 billion people remain unbanked 130+ countries have no digital payment systems
  10. Building on India Stack platforms Startups accelerating New India’s growth story India has over 115 unicorns, and 84,000+ Startups (exponential increase of 185 times from 2016 to 2022)
  11. Economic Infrastructure for an Aspirational India • World class Airport infrastructure and facilities available with improved user experience across 148 airports – connecting all tier I and II cities • 3rd Largest Metro Network in the world by 2024; 854 km already operational with in 20 cities and 1000 km under development. • Vande Bharat - India’s 1st indigenous Semi-High Speed Rail with 0-100 kmph in 52 sec and top speed of 160 kmph Vande Bharat Bengaluru Airport • 6 million km of road network - Second highest in the world • 5G network available in125 cities; 80% of Indian population to receive 5G connectivity by Mar’24
  12. Social Infrastructure for an Aspirational India • 155,752 Ayushman Bharat Health and Wellness Centers operationalized in the country • 8,689 stores of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) for generic drugs opened across all districts • 149 Institutes of National Importance (Medicine, Law, Engineering etc.), 41 Indian institutions in QS World University Rankings Bengaluru Airport • 32.6 million citizens received free medical treatment under Ayushman Bharat (Health Insurance scheme) Indian Institute of Management, Shillong All India Institute of Medical Sciences, Nagpur
  13. Thank You