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Business Leadership in Digital Age: IIT Kanpur ropes in Dr R S Sharma, Dr Ajay Kumar to drive e-Masters Program

New Delhi: One is known as one of the main brains behind digital transformative programs such as Aadhaar & Cowin. And the other is known for his tech acumen to bring startup revolution in India’s defence sector. Yes, you guessed it right. We are talking about Dr R S Sharma and Dr Ajay Kumar, two former bureaucrats, who have played pivotal role in India’s digital governance journey. And IIT Kanpur ropes in both to drive its e-Masters program for Business Leadership in Digital Age, first course of such types in India.

Dr R S Sharma was the former Chairman of TRAI and the former CEO of National Health Authority, Government of India. He is a retired Indian Administrative Service (IAS) officer of 1978 batch. Dr Ajay Kumar was the former Defence Secretary of India, and he is also a retired Indian Administrative Service (IAS) officer of the 1985 batch. At the same time, both are known globally as the policymakers of repute for their transformational work to drive India’s digital transformation in last two decades. IIT Kanpur has now reached out to them to start a pioneering course which can prepare future generations to leverage technology in a digitally disrupted and constantly evolving global business landscape. 

Read More - https://apacnewsnetwork.com/2023/09/business-leadership-in-digital-age-iit-kanpur-ropes-in-dr-r-sharma-dr-ajay-kumar-to-drive-e-masters-program/

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New Delhi: One is known as one of the main brains behind digital transformative programs such as Aadhaar & Cowin. And the other is known for his tech acumen to bring startup revolution in India’s defence sector. Yes, you guessed it right. We are talking about Dr R S Sharma and Dr Ajay Kumar, two former bureaucrats, who have played pivotal role in India’s digital governance journey. And IIT Kanpur ropes in both to drive its e-Masters program for Business Leadership in Digital Age, first course of such types in India.

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Leveraging AI to achieve Sustainable Development Goals, G20 Leaders Reach Agreement with a Caution

New Delhi: Responsible AI for SDGs. 

The power of Artificial Intelligence (AI) will be harnessed to its full potential to achieve Sustainable Development Goals (SDGs) defined by United Nations (UN). But with a caution. AI must be leveraged responsibly. This has been stated in the joint declaration of G20 Leaders held recently in New Delhi in which India was managing the presidency. 

Stressing on the importance of AI for digital economy world over, the declaration states, “The rapid progress of AI promises prosperity and expansion of the global digital economy. It is our endeavour to leverage AI for the public good by solving challenges in a responsible, inclusive and human-centric manner, while protecting people’s rights and safety. To ensure responsible AI development, deployment and use, the protection of human rights, transparency and explain ability, fairness, accountability, regulation, safety, appropriate human oversight, ethics, biases, privacy, and data protection must be addressed.”

Then the declaration goes on to outline the path to ensure unlocking the full potential of AI with international cooperation through:

“Commitment to G20 AI Principles (2019) and endeavour to share information on approaches to using AI to support solutions in the digital economy.

Pursuing a pro-innovation regulatory/governance approach that maximizes the benefits and taking into account the risks associated with the use of AI.

Promoting responsible AI for achieving SDGs.”

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. 

It is good sign for the planet the world leaders reach agreement to attain SDG 17 by harnessing the power of technology innovation.

Click here : https://apacnewsnetwork.com/2023/09/leveraging-ai-to-achieve-sustainable-development-goals-g20-leaders-reach-agreement-with-a-caution/

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The power of Artificial Intelligence (AI) will be harnessed to its full potential to achieve Sustainable Development Goals (SDGs) defined by United Nations (UN). But with a caution. AI must be leveraged responsibly. This has been stated in the joint declaration of G20 Leaders held recently in New Delhi in which India was managing the presidency.

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APACExclusive! What will give fintech startups a share of the Indian wallet in 2023

By  Anshul Sharan, Co-Founder & CEO, Elever

Over the past 12-18 months, a flurry of startup headlines has encompassed layoffs, valuation adjustments, acquisitions, closures, and challenging funding landscapes. However, amidst this flux, certain fintech startups have scripted a strategic narrative centered on prioritizing value, bolstering education, cultivating trust, nurturing collaborative partnerships, and embracing the intricacies of Bharat beyond India's conventional contours. This concerted approach has positioned them as victors and forged a trajectory for their elevation within the dynamic financial ecosystem. If adopted, I firmly hold that these foundational elements will help startups increase their wallet share.

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Value over Valuations:

A prevailing sentiment in the investment realm posits that the gap between valuations and actual value has widened over the past decade. However, this divergence is anticipated to narrow as the essence of value eventually triumphs over mere valuations, as history has demonstrated. Fintech startups are progressively veering away from the allure of impressive valuations, steering their focus towards delivering palpable value to their clientele. This strategic shift is founded on a fundamental commitment to address tangible financial pain points and craft solutions that resonate. Through a concentrated effort on services that enhance convenience, streamline processes, and amplify financial well-being, these startups are poised to capture customer allegiance and nurture trust.

Education & Awareness:

At the crux of fintech's rapid ascent lies the imperative to enlighten consumers about the merits and proficient utilization of these innovative services. This global trend is mirrored in India, where astute fintech startups recognize that nurturing financial literacy and awareness is pivotal for sustainable growth. Evident is the trajectory of successful fintech enterprises worldwide that have invested significantly in consumer education. This resonates deeply in India, where dedicated endeavors to demystify intricate financial concepts, disseminate enlightening content, and facilitate accessible workshops empower users to traverse the fintech landscape with poise and informed decision-making.

Trust & Security:

In an era characterized by digital transactions, establishing trust is non-negotiable. Fintech startups are doubling down on robust security protocols, fostering transparent practices, and fortifying data protection measures. Adherence to regulatory standards and the implementation of cutting-edge cybersecurity mechanisms are instrumental in alleviating user apprehensions, instilling faith, and fostering a secure environment for financial interactions.

Strategic Partnerships:

The collaborative spirit between fintech startups and well-established financial institutions is proving transformative. While fintech's embody agility and innovation, traditional players bring a legacy of credibility. By forming strategic partnerships, startups gain access to a broader customer base and leverage the infrastructural prowess of incumbents. This synergy expedites market penetration, fuels growth, and catalyzes the evolution of financial services. Significantly, these partnerships not only curtail customer acquisition costs but also amplify the overall viability of the business model.

Bharat and not India:

The distinction between Bharat and India encapsulates a strategic shift in fintech's approach. Recognizing the diversity and underserved potential of non-urban segments, fintech startups are customizing their solutions to resonate with the unique requirements of Bharat. This involves offering vernacular language support, addressing rural financial challenges, and devising affordable products that resonate with this substantial market segment. There are enough examples of Fintech Startups where the focus has been building financial products and services for Bharat and tapping the untapped potential.

In essence, the trajectory of fintech startups' success in 2023 hinges on a multi-faceted strategy encompassing value-driven services, educational empowerment, fortified trust, strategic partnerships, and a tailored approach to Bharat. By adhering to these fundamental principles, fintech's are not merely gaining a share of the Indian wallet; they are championing a new era of inclusive, secure, and technologically advanced financial services that cater to the diverse aspirations of the Indian populace.

Disclaimer: The views expressed are the author’s own and APAC News Network is not responsible for any of them.

Also Read More : https://apacnewsnetwork.com/2023/09/apacexclusive-what-will-give-fintech-startups-a-share-of-the-indian-wallet-in-2023/

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Over the past 12-18 months, a flurry of startup headlines has encompassed layoffs, valuation adjustments, acquisitions, closures, and challenging funding landscapes. However, amidst this flux, certain fintech startups have scripted a strategic narrative centered on prioritizing value, bolstering education, cultivating trust, nurturing collaborative partnerships, and embracing the intricacies of Bharat beyond India’s conventional contours. This concerted approach has positioned them as victors and forged a trajectory for their elevation within the dynamic financial ecosystem. If adopted, I firmly hold that these foundational elements will help startups increase their wallet share.

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Ensuring Affordable, Quality & Equal Distribution of Healthcare Services  We follow a comprehensive approach in terms of providing primary, secondary and tertiary cares. There are certain gaps which we aim to bridge, such as the ratio of doctor and patient, healthcare services in rural vis-a-vis urban areas, and service quality. https://apacnewsnetwork.com/2020/10/apacexclusive-ensuring-affordable-quality-equal-distribution-of-healthcare-services-through-ayushman-bharat-dr-vipul-aggarwal-dy-ceo-nha/

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‘Under Jal Jeevan Mission, we intend to cover whole state through Functional Household Tap Connection (FHTC)’s by 2024 and accordingly Jal Nigam in coordination with PHE Department is planning the schemes. For more information:  https://apacnewsnetwork.com/2020/08/apacexclusive-fhtc-by-2024-in-mp-jal-nigams-sustainable-plan-for-a-better-tomorrow/