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India and Colombia signed a MoU on Cooperation in the field of Sharing Successful Digital Solutions Implemented at Population Scale for Digital Transformation. (Image source: PIB)

India and Colombia signed a MoU on Cooperation in the field of Sharing Successful Digital Solutions Implemented at Population Scale for Digital Transformation. (Image source: PIB)

India signs MoU with Colombia to promote digital transformation via India Stack

February 19, 2024
in Fintech
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India and Colombia signed a Memorandum of Understanding (MoU) on Cooperation in the field of Sharing Successful Digital Solutions Implemented at Population Scale for Digital Transformation. It was signed between the Ministry of Electronics and Information Technology (MeitY) and the Information Technologies and Communications of Colombia.

The MoU intends to promote digital transformation (viz INDIA STACK) through capacity-building programs, the exchange of best practices, the exchange of public officials and experts, the development of pilot or demo solutions and the facilitation of private sector contacts to mutually benefit the digital ecosystems of both countries.

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Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship, and Jal Shakti, Rajeev Chandrasekhar exchanged the MoU with Mauricio Lizcano, Minister of Information Technologies and Communications of Colombia. The signatories were S. Krishnan, Secretary of MeitY from India’s side, and Mauricio Lizcano from Colombia’s side.

“India is keen on partnering with Colombia by building upon development partnership on digital transformation leading to a smooth adoption of Digital Public Infrastructure in Colombia,” a PIB release stated.

Both sides discussed the importance of Digital Public Infrastructures. These infrastructures constitute a set of shared digital systems that are secure and interoperable. They can be built on open standards to deliver and provide equitable access to public and private services. India Stack Solutions are DPIs developed and implemented by India at population scale to provide access and delivery of public services.

Tags: ColombiaDigital Solutiondigital transformationFintechindia

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