https://www.taxtmi.com/news?id=28095 The address argues that digitalisation and AI can materially raise productivity if integrated into the real economy and measured using disaggregated growth accounting (KLEMS) to capture ICT capital, human capital and intangibles. It documents India's financial digitalisation-widespread bank digital services, UPI, Account Aggregators, OCEN, ONDC and TReDS-yielding efficiency gains, broader inclusion and MSME finance improvements. The Reserve Bank's approach balances innovation and risk through infrastructure, pilots (including CBDC), the Reserve Bank Innovation Hub and the Unified Lending Interface, guided by five priorities: inclusion, DPI, customer protection and cybersecurity, sustainable finance, and global cooperation. en-us Wed, 13 Nov 2024 17:08:02 +0530 Wed, 13 Nov 2024 17:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28095 The address argues that digitalisation and AI can materially raise productivity if integrated into the real economy and measured using disaggregated growth accounting (KLEMS) to capture ICT capital, human capital and intangibles. It documents India's financial digitalisation-widespread bank digital services, UPI, Account Aggregators, OCEN, ONDC and TReDS-yielding efficiency gains, broader inclusion and MSME finance improvements. The Reserve Bank's approach balances innovation and risk through infrastructure, pilots (including CBDC), the Reserve Bank Innovation Hub and the Unified Lending Interface, guided by five priorities: inclusion, DPI, customer protection and cybersecurity, sustainable finance, and global cooperation. News - Wed, 13 Nov 2024 17:08:02 +0530 https://www.taxtmi.com/news?id=28095