The Core Report #440 Democratising Finance: Talking AI & ‘Finternet’ with Nandan Nilekani
Video footage courtesy of https://sahamati.org.in/
In this episode of The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj engages with Nandan Nilekani, the former CEO of Infosys and a pivotal figure in shaping India's digital identity and financial inclusion landscape. The discussion touches upon the evolution of digital public infrastructure (DPI) in India, starting from the launch of Aadhaar in 2009 and progressing to the transformative Unified Payments Interface (UPI) and account aggregators. Nilekani highlights the critical role of population scale, frugal engineering, and public-private partnerships in fostering financial inclusion across the nation. Nilekani candidly addresses the challenges faced in this journey, including issues of fraud and the need for improved financial literacy among citizens. He also explores the promising potential of emerging technologies like ‘Finternet‘ and AI to further democratize access to financial services, making them more accessible to all. This dialogue not only sheds light on India's digital advancements but also offers valuable insights into the future of financial inclusion and technology's role in shaping it. Don't miss this opportunity to hear from one of the leading minds behind India's digital revolution!
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