spot_img

India hands over ₹45 crore to Sri Lanka to fund its digital identity project

Date:

Share:

[ad_1]

India has handed over ₹45 crore in advance to Sri Lanka to fund its unique digital identity project, the most crucial step in the island nation’s digitalisation programme being implemented through the Indian grant assistance.

Sri Lankan President Ranil Wickremesinghe’s office here said that the fund from the government of India was given on Friday.

During a meeting at the Presidential Secretariat, key stakeholders, including Presidential Senior Adviser on National Security and Chief of Presidential Staff, Sagala Ratnayaka, State Minister of Technology, Kanaka Herath, Indian High Commissioner, Gopal Bagley, and First Secretary of the Indian High Commission, Eldos Mathew and others engaged in extensive discussions on the project’s execution.

ALSO READ | Sri Lanka not averse to using Indian rupee as common currency: President Wickremesinghe

“Signifying the Indian government’s commitment to the initiative, the Indian High Commissioner handed over a significant contribution of Indian ₹450 million to Minister Kanaka Herath (State Minister of Technology), constituting 15 per cent of the total funds required for the successful implementation of the project as an advance payment,” a statement from the President’s Office said.

Ratnayaka emphasised the paramount importance of adhering to a well-defined timeline to ensure the project’s seamless execution.

Acknowledging the project’s profound significance in Sri Lanka’s economic recovery process, Ratnayaka expressed heartfelt gratitude to the Indian government for its unwavering support in this endeavour.

“High Commissioner handed over a cheque of ₹450 million to State Minister Hon @kanakadh, in the gracious presence of Hon @SagalaRatnayaka today for SLUDI (Sri Lanka Unique Digital Identity Project) project, which is being implemented through grant assistance by Govt of #India,” the Indian High Commission in Colombo posted on platform X, formerly known as Twitter.

The project aims to collect biographic and biometric information, including facial, iris, and fingerprint data, which will be stored in a centralised system to issue identification cards as per the standards set by the International Civil Aviation Organisation (ICAO).

The implementation of the project would lead to more effective and efficient delivery of government services, poverty reduction and welfare programs; financial inclusion through better access to banking and other products/services.

The project commenced with the signing of a MoU between Sri Lanka and India in March 2022 and an Indo-Sri Lanka Joint Project Monitoring Committee (JPMC) for the Sri Lanka Unique Digital Identity Project (SL-UDI) was introduced.

The Government of India is overseeing the software development for the SL-UDI.



[ad_2]

Source link

━ more like this

Husky and Kriya Forge Strategic Collaboration with ICHORTM Integrated Medical System in India

Husky and Kriya Forge Strategic Collaboration with ICHORTM Integrated Medical System in India Husky Technologies™ is excited to announce a major milestone in our collaboration...

Maharashtra Govt Approves $10 Billion Proposal By Israel’s Tower Semiconductor And Adani Group To Set Up Chip Fabrication Unit In Panvel

Maharashtra Govt Approves $10 Billion Proposal By Israel's Tower Semiconductor And Adani Group To Set Up Chip Fabrication Unit In Panvel The Maharashtra government has...

Rosler & AM Solutions To Showcase Advanced Finishing Technologies At Medical Technology Ireland 2024

RÖSLER & AM SOLUTIONS TO SHOWCASE ADVANCED FINISHING TECHNOLOGIES AT MEDICAL TECHNOLOGY IRELAND 2024 Rösler Group and its AM Solutions division are set to present...

New PA6 and UHMWPE Compound Optimizes Bridge Bearing Properties

Better than PTFE and UHMWPE: New PA6 and UHMWPE Compound Optimizes Bridge Bearing Properties   MKSM, a new bridge bearing sliding material, combines and surpasses the...

The Number Of Bitcoin Millionaires Has Soared 111% In The Last Year As The Cryptocurrency Rallies

The Number Of Bitcoin Millionaires Has Soared 111% In The Last Year As The Cryptocurrency Rallies The number of Bitcoin millionaires around the world soared...