 Good afternoon and welcome. We're coming to you from day two of the Fiji Symposium right here in Bangalore. The platform for all dialogue on financial inclusion. And with me today is member finance from telecom commission, Mrs. Anuradha Mitra. Ma'am, welcome to day two of the Fiji Symposium and thank you so much for being here. It's the first Fiji Symposium in India and it's a proud moment for all of us. Your thoughts on this? We're actually very lucky that Fiji has chosen India as the place to first showcase its symposium. It gives us an opportunity to tell the participants about what's going on in India on the digital financial inclusion in India. There's a lot going on there. So coming to the potential of the digital financial services, what exactly is the potential to increase financial inclusion? I think it's given us a key to really leap across the huge divide. There was no way in which the traditional banking system could have really caught up with the requirements of the age. And then incomes technology with the mobile phone and the instant connectivity for all. And I think the key to solving the problems of bringing in all these unbanked people into the financial system lies in the use of these devices, the new apps, the various services. And more importantly, participation by so many players from the private sector, payment banks, telcos chipping in, instead of the traditional idea that it would be the banks alone who would kind of take us forward. So what about the benefits of Aadhaar and the unified payment interface? What are your thoughts on the benefits that this brings out into the public? Aadhaar actually is kind of, it was an inspired idea that we give a number and then that's instantly your digital identity for such a huge population. And then I think it's a natural corollary that it sort of develops into a base for developing an entire payment interface for the whole population. And in fact, the whole idea of the Jandhan, Aadhaar and mobile trinities to kind of combine the three things together. Ideally, they could have been a single number, a single number playing that role. But as it happens, the Aadhaar, the mobile and the bank system, they are in independent spheres. So the idea is to link them all together. So you have everyone with one common point of interface, a common platform for the delivery specifically of financial services. And when it comes to next steps and the role, what is the role of the telecom commission to actually enable digital financial services in India? Yeah, actually, the telecom commission is kind of pivotal to what happens next, partly because the department of telecom has to ensure that there's good, reliable quality connectivity, not only in the rural and a lot was spoken during the conference as well, and will be spoken, I'm sure, about the need to connect rural and backward areas. But the quality of urban connectivity as well, the quality of service, that's a concomitant. And unless that's maintained at very desirable levels, the entire exercise may find a lot of sort of, there might be a lot of hindrances to that. So as I was saying, the telecom commission is pivotal in that exercise. A lot of investment is being made in the provision of optical fiber connectivity, connect the villages at least on a broad network, and then ensure that there's Wi-Fi connectivity at the end, preferably in some kind of a market driven model, so that it's self-sustainable because everything cannot always be run by the government the whole time. A lot of attention is being paid to quality of services in urban areas as well. So all these efforts are on from the point of view of connectivity. In another sense, also the telecom commission is important because the telcos, the telcos are our licensees, and the telcos have a pivotal role to play as well, both from the point of view of maybe branching into banking type of services, as well as in ensuring that their own transactions with their own 1.18 billion subscribers is to the extent possible, completely digital. By the way, they operate in a kind of decentralized network where they have retailers and franchises going right down to the last point of connect with the consumer. It's important that the message of digitalization of payment reaches there as well. So I think there's a lot of advocacy and training and explanatory action, which needs to go into ensuring that the telcos own transactions are also completely digital and completely interfaced with the UPI platform with Mee Madhaar and other apps. So from both points of view, telecom commission is going to play an important role. That's great and we look forward to it. Thank you so much, ma'am. Thank you so much for being part of this.