Chennai: India’s policies came in for praise from tech pioneer Bill Gates, who said his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country’s implementation.
Gates said the platforms for universal identification and digital payments have drastically reduced the cost and friction of distributing aid to the poor, especially during the pandemic.
“If people are going to study one country right now, other than China, I’d say they should look at India,” Gates said at the Singapore Fintech Festival on Tuesday.
“Things are really exploding there and innovation around that system is phenomenal,” he added.
“India is a great example’, the co-chairman of the Bill & Melinda Gates Foundation said during the virtual conference. His organisation is now helping some countries that don’t have established standards to roll out similar systems based on open-source technologies,” he added.