Geospatial Artha Summit 2024 begins in Goa with the theme ‘Simplifying complexities, Amplifying Impact’.
While technology interventions and targeted solutions remove redundancies and frictions, creating new opportunities for businesses as well as consumers, what often gets overlooked is the enabling mechanism via conducive policy regulations.
Policy Synergy
Through a forward-looking, pragmatic policy, milestones can be achieved. This is one of the reasons why in the past few years we have seen remarkable strides in conducive policies that aim to nurture holistic ecosystems.
“The Space policy aims that India should get a significant pie of the space economy. Ever since the launch of the world’s first satellite in 1957, we got a new way of thinking. However, space economy doesn’t only mean space assets and infra but spatial information, insights, and data”, says AS Kiran Kumar, Member, Space Commission, and Former ISRO Chairman
He emphasizes on the synergy between geospatial policy and space policy. There is a tremendous potential for India.
Digital Public Goods
“India leads the way in the world in digital payments, more than the top five countries put together. This has been possible due to UPI( Unified Public Interface), a digital public good, which has changed behavior and removed inefficiencies”, Srikant Shastri, Chairperson, Geospatial Data Promotion and Development Committee (GDPDC).
“We need to create geospatial as a digital public good. Multiple sectors from agriculture to logistics stand to benefit from a unified geospatial interface”, he adds.
