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Ep 50: Pramod Varma on India's Digital Empowerment

Brave New World -- hosted by Vasant Dhar

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India did the first large experiment, large scale experiment on interoperability argument through our payment infrastructure. India in the last four years created an interoperable system which allowed 350 banks to interoperate and 99 or 100 apps to interoperate. Irrespective of which bank account they use, Indians can now move money instantly between two accounts at roughly about 700 of a dollar.

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