India’s Digital Revolution: Lifting 800 Million Out of Poverty with Smartphones, Says UNGA President

United Nations, August 17, 2024 — In a groundbreaking statement at the United Nations General Assembly (UNGA), President Dennis Francis highlighted the transformative impact of digitalization in India, crediting the country’s rapid adoption of smartphone technology for lifting 800 million people out of poverty in the past five to six years.

"India has shown the world the power of digital innovation," said Francis. "Through the widespread use of smartphones, people in rural parts of the country are now able to make transactions instantly on their phones. This is not just a technological achievement but a social revolution that has had a profound impact on poverty alleviation."

### **A Model for the Global South**

Francis praised India’s digital revolution as a model for other developing nations, particularly in the Global South, where similar challenges of poverty and limited access to financial services persist. He called on these countries to adopt similar steps towards digitalization, emphasizing the importance of technology in bridging the gap between urban and rural areas and enhancing financial inclusion.

“India’s success story is a beacon of hope,” Francis stated. “It demonstrates that with the right policies and infrastructure, digital technology can be a powerful tool for poverty eradication and economic empowerment.”

### **The Role of Digital Infrastructure**

India’s rapid digital transformation has been driven by a combination of government initiatives and private sector innovation. The rollout of the Aadhaar biometric identification system, combined with the launch of the Unified Payments Interface (UPI), has enabled millions of Indians to access banking services directly through their smartphones, regardless of their location.

This digital infrastructure has not only facilitated financial transactions but also improved access to education, healthcare, and government services, contributing to a significant reduction in poverty levels across the country.

### **Global Implications**

The UNGA President’s endorsement of India’s digital model underscores the growing recognition of technology as a critical tool for sustainable development. As the world grapples with challenges such as income inequality, limited access to financial services, and economic disparity, India’s experience offers valuable lessons for other nations striving to improve the lives of their citizens through digital means.

In his closing remarks, Francis urged international organizations and donor agencies to support digital initiatives in developing countries, emphasizing that the benefits of such investments would be far-reaching and long-lasting.

“Digitalization is not just about technology; it’s about people,” Francis concluded. “It’s about ensuring that everyone, regardless of where they live, has the opportunity to participate in the global economy and improve their quality of life.”

India’s digital revolution, as highlighted by the UNGA President, marks a significant milestone in the global fight against poverty, offering a blueprint for other nations to follow.