Page 41 - Banking Finance March 2025

ARTICLE

What is Digital Public

Infrastructure? A

comprehensive

introduction to DPI, its Vaibhav Sharma

Senior Manager (Faculty)
components, and benefits Zonal Learning Centre,

Union Bank of India
Hyderabad

Digital Public Infrastructure (DPI) is a foundational framework that enables digital transformation
in a country. It's akin to the physical infrastructure of roads, bridges, and power grids, but in the
digital realm. DPI provides the essential tools and systems for governments, businesses, and citizens
to interact and transact digitally.

D igital Public Infrastructure (DPI) is a foundational Benefits of Digital Public Infrastructure
framework that enables digital transformation in
(DPI)
a country. It's akin to the physical infrastructure
of roads, bridges, and power grids, but in the digital realm. Digital Public Infrastructure (DPI) offers a wide range of
benefits for governments, businesses, and citizens alike. Here
DPI provides the essential tools and systems for
are some of the key advantages:
governments, businesses, and citizens to interact and
transact digitally.
For Governments:
Improved efficiency: Streamlining processes and
Key components of DPI often include: reducing paperwork.
Digital Identity: A secure and verifiable system for
Enhanced service delivery: Providing services more
individuals to prove their identity online. conveniently and efficiently to citizens.
Payments Infrastructure: A network that facilitates Increased transparency: Promoting accountability and
secure and efficient digital transactions. reducing corruption.
Data Exchange: A platform for sharing and exchanging Better decision-making: Access to data-driven insights
data between different entities in a controlled and for informed policy decisions.
secure manner.
For Businesses:
Open Data: The practice of making government data Reduced costs: Lowering operational expenses through
publicly available for reuse. digitalization.
Interoperability: Ensuring that different systems and Increased productivity: Enabling efficient workflows
platforms can work together seamlessly. and collaboration.

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