New Delhi, November 17, 2016: Noting that India has great potential to become the most digitised economy globally in mere seven years, Microsoft founder Bill Gates has dubbed the government’s demonetisation measure as a “bold move” that will help in deflating the Indian shadow economy.
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“The Prime Minister’s bold move to demonetise high-denomination notes and replace these with new ones with high-security features is an important step to deflate India’s shadow economy,” Gates said while delivering the Niti (National Institution for Transforming India) Aayog lecture on ‘Transforming India’ here on Wednesday.
Lauding the Aadhar Card scheme and Pradhan Mantri Jan Dhan Yojna for helping the disadvantaged sections in India to connect to the banking system, Gates said: “India has all the pieces in place for a compelling vision for digital financial inclusion. Aadhar will convert a cumbersome, paper-based account opening process into a 30-second all- digital system.”
The Aadhaar Unique ID system will also create a centralised data repository, he added.
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Speaking of Artificial Intelligence (AI), Gates, who co-chairs the Bill and Melinda Gates Foundation, said automation, cloud services and AI are poised to eliminate manufacturing jobs.
Describing this as an opportunity for the Indian Information Technology sector, the Microsoft leader called for India to embrace these new technologies, despite the fears provoked by such rapid transformation.
Aiming to work with the government on various issues including e-payments, digital health, digital literacy and e-agriculture in India, Gates held a meeting here with IT and Law Minister Ravi Shankar Prasad on Thursday. (IANS)
“Sexist” data is making it harder to improve women’s and girls’ lives, the world’s leading philanthropic couple Bill and Melinda Gates said Tuesday in an open letter.
The couple warned that a lack of focus by researchers on gender and a disdain for what were perceived as “women’s issues” were resulting in “missing data” that could lead to better decisions and policies, enable advocacy and measure progress.
“The data we do have — data that policymakers depend on — is bad. You might even call it sexist,” Melinda Gates wrote in their annual letter discussing the work of their foundation, one of the largest private charities in the world.
Gender inequality is one of the greatest barriers to human progress, the United Nations said last year, with studies showing that when girls stay in education, they have more opportunities and healthier children, which boosts development.
But data often does not take gender into account and is flawed by biased questions, said the husband and wife team behind the Bill & Melinda Gates Foundation.
Because women in developing countries are primarily seen as wives and mothers, most of the data about them focuses on their reproductive health, not their earnings and assets, they said.
“You can’t improve things if you don’t know what’s going on with half the population,” wrote Bill Gates, co-founder of Microsoft Corp.
The couple said mobile phones offered a powerful tool to allow women to build new connections, gain economic freedom and challenge restrictive social norms, for example by buying contraceptives online.
“If you’re a woman who has never stepped into a bank, mobile banking offers you a foothold in the formal economy and a chance at financial independence,” said Melinda Gates.
“You gain opportunities to connect with customers, trainings, and professional organizations — all from your home.”
Toilets also emerged as a feminist issue, with the couple hailing a next generation of facilities which can kill pathogens and produce useable by-products such as fertilizer.
Safe toilets worldwide would especially benefit women and girls, they said, who risk assault while using public facilities or may be forced to skip school when on their periods.
International aid groups agreed more of a focus on women and girls was needed.