Bill Gates, the co-founder of Microsoft, recently praised India’s Unified Payments Interface (UPI) and Aadhaar system, saying that the country will be the cheapest 5G market in the world.
Gates, who is also the co-chair of the Bill & Melinda Gates Foundation, was speaking at the India Mobile Congress (IMC) 2020, which was held virtually this year. He said that India has made great strides in digital payments and digital identity, and that these two systems will be key to the country’s success in the 5G era.
Gates said that UPI, which is a real-time payment system developed by the National Payments Corporation of India (NPCI), has been a great success in India. He said that UPI has enabled people to make payments quickly and securely, and that it has been a major factor in the growth of digital payments in the country.
Gates also praised the Aadhaar system, which is a 12-digit unique identity number issued to all Indian residents. He said that Aadhaar has enabled the government to provide services to citizens in a secure and efficient manner. He said that the system has enabled the government to provide subsidies and other benefits to citizens in a targeted and transparent manner.
Gates said that India is well-positioned to take advantage of the opportunities presented by 5G technology. He said that the country has the potential to become the cheapest 5G market in the world, and that this will be a major factor in the growth of the digital economy.
Gates said that the government should focus on creating an enabling environment for the growth of the digital economy. He said that the government should focus on creating an environment that encourages innovation and investment in the digital space. He said that the government should also focus on creating an environment that encourages the growth of startups and small businesses.
Gates said that the government should also focus on creating an environment that encourages the growth of digital infrastructure. He said that the government should focus on creating an environment that encourages the growth of digital infrastructure, such as 5G networks, in order to enable the growth of the digital economy.
Gates said that the government should also focus on creating an environment that encourages the growth of digital skills. He said that the government should focus on creating an environment that encourages the growth of digital skills, such as coding and data science, in order to enable the growth of the digital economy.
In conclusion, Bill Gates praised India’s Unified Payments Interface (UPI) and Aadhaar system, saying that the country will be the cheapest 5G market in the world. He said that the government should focus on creating an enabling environment for the growth of the digital economy, and that this will be key to the country’s success in the 5G era.
