The pandemic vividly pronounced the glaring need for building and strengthening the financial and economic resilience of the low income individuals, households, enterprises and communities in the informal sector. The session reflected on the tenets of larger policy framework on provision of social security at core. Various other dimension of building financial and economic resilience around infrastructure for digital access of entitlements etc needs were discussed in alignment with the challenges faced by such communities in ground. The session entailed discussion on highlighting and clearly articulating principles and critical pivot points on national policy of migrant labor in times of digital technology.

The panel will broadly entail discussion on groundwork required for transitioning small businesses to digital mode esp on how various stakeholders interact and engage with each other to provide a seamless experience to small businesses. It will have specific discussion around the role of technology companies in facilitating the expansion of financial, information and communications technology infrastructure—for a safe, reliable and low-cost provision of digital financial services to all relevant geographical areas, especially underserved rural areas while targeting the Next Billion. It will also cover the rules of engagement between the two critical players in the Digital Financial Services ecosystem from the supply side – Financial Service Providers (FSPs- Payment banks, Credit providing agencies, Payment systems etc) and Data Aggregators.