India is making a host of its e-governance tools - including the Unified Payments Interface (UPI) and Aadhaar identity service - available to other countries via open APIs (Application Programming Interface).

Finextra.com reports that available via the India Stack website, the project is "a set of open APIs and digital public goods that aim to unlock the economic primitives of identity, data, and payments at population scale".

"The principles, technologies, and functionality of India Stack can be applied in any country. None of the systems which comprise India Stack require any proprietary technology or intellectual property which would preclude their implementation in any other country," the site says.

In a speech during Digital India Week, prime minister Narendra Modi spoke about the success of the instant payments network, UPI, noting: "Everyone, including the World Bank, has appreciated it as the best platform."

"Once, I found that a beggar in Bihar was begging on a platform and he was taking money digitally," the Indian prime minister added.

Launched in 2016, the UPI has now handled 99 billion transactions. Along with the RuPay card network, UPI has been central to India's efforts to use digital payments to boost financial inclusion.

"Today digital products like UPI are the centre of attraction for developed countries of the world, or those countries which cannot invest in this type of technology. Our digital solutions have the reach, are secure and have democratic values," Modi stressed.

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