APIs: The Invisible Engines Behind India’s Digital Economy Transformation
summary
India claims APIs as the backbone of cross-sector integration, citing UPI instant payments that flipped cashless transfers from rare to near-instant within about five years. The talk points to ONDC open commerce network enabling interoperable retail marketplaces, Ayushman Bharat Digital Mission building a unified digital health layer, and API SETU data sharing for state-to-state e‑governance. The concrete outcome is faster real‑time transactions, broader financial inclusion, and small businesses plugged into national digital rails.
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