Pakistan’s Umar Saif Praises India In Terms Of Digitalisation

#pakistan #india #digitalindia #digitalisation #indiapakistan #pakistaneconomy #seemahaider
Dr. Umar Saif talks about the state of Information Technology in Pakistan; from why Pakistani Universities are failing to produce high level graduates to how political instability is destroying Pakistan's progress, on this deep dive podcast we discuss I.T., India, I.I.Ts, Higher Education, LUMS, PITB, Punjab Government, ITU, and how I.T. was used in Government projects in Punjab.
Dr. Umar Saif is the founder and CEO of aiSight.ai (formerly SurveyAuto.com). He is the CEO of Khudi Ventures, Pakistan's largest venture studio. He works as the Chief Digital Officer of the Jang/Geo group. He is also an advisor to the United Nations Development Programme (UNDP) in Pakistan. Previously, Dr. Saif was a cabinet member in Government of Punjab and served as the Chairman of the Punjab Information Technology Board (PITB). His work led to a radical digital transformation of the government in Punjab and several of his initiatives were replicated throughout the country.
COURTESY: KZbin: @ThePakistanExperience
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[@God.is_Great]

It's been 2-3 years, I did not use cash for payment but only digital payment...now I wonder how lucky I am

[@rajendrajasathy4356]

Me too...no money withdrawal from bank in last 3 yrs.

[@FallNRise]

Banking is in our hands now

[@swetabsingh9444]

Me too

[@devshetty7465]

Why business today covering this and giving importance to pakistan youtubers

[@bharatisamurai4614]

Exactly! 💯✔

[@devanandsahu3956]

Yes

[@od987]

Y business today covering radicals podcast?

[@umasuryanarayanan3285]

Seriously... The guest is no expert.

[@AryanKohli-hkscx]

Because, almost every news channel today does and it gives views

[@wickdvish]

Iam from Mumbai, India and I don't carry my wallet these days. My driving related documents are digital and cash is also digital. I only require these two things when Iam traveling.

[@vijayathorat7325]

Initially when digitalization began in India,rewards like cash back or a percent off a product were awarded to people who used e mobey

[@trilokyamohanchakra6351]

Not by govt

[@RavindraKamath55]

​@@trilokyamohanchakra6351What is your problem? Government provided infra and developed UPI and distributed it free....can you get business software for free?

[@atrayshibroy121]

​@trilokyamohanchakra635 he didn't say government but u need to sanction through by RBI which is technical government controlled

[@HOOHA333]

I never understood why these guys have fascination about india. Bhai apna desh dekho. And common food culture total useless. I am central east part of india. We have zero common things on culture and food. No way, we have different food and culture than north india. Forget about pakistan.

[@aryavart296]

Why does Buisness today want their validation?

[@bharatisamurai4614]

Actually correct ... just a few things in common that is all. Thinking esp is very different.

[@anmolsatsangi746]

Why you are fascinated about US and Europe in the same way they are fascinated about India

[@ILuminateInsights]

Thats not a 6 month work ! You cant even able to open bank account of all pakistanis in next 10 years ! UPI was launches in 2016 and now its famous because it wins the trust of peoples ! Good things take time 🎉

[@bharatisamurai4614]

Dreamers ...

[@rajendrajasathy4356]

Before UPI, govt spent lot in Aadhar...again it took 5 yrs to expand and later when it was made mandatory. Also one need Aadhar + Bank accounts + cheap mobile data and then UPI. Jio made UPI possible, as before that data was Rs 250/GB

[@yourstrulytk12worldaffairs]

​@@rajendrajasathy4356 Yes. Whole system is required... It's not just banking.

[@rishi7887]

What the speaker doesnt realize is that there are many times more transactions per minute by volume than amazon on the UPI. The architecture that has been built leaves even western top software architects from amazon, google with their mouth's wide open. What india has achieved is not a task that a team of say 10-15 developers with a few architects can put together. They emoloyed the best people as consultants from the private sector during this journey.

[@rajendrajasathy4356]

Kaha samjha rahe ho...these are Pakistanis, they have only surface info...even their Phds are like this....

[@vikasbhargava5653]

You can hear their best economist, best scientist but let me tell you my observation. Their best are just about average or below average in India. Jahan inki soch khatam hoti hai wahan se baaki duniya ki soch shuru hoti hai. They are that far behind.

[@naveenbangalore362]

Bina sood ka loan tho Haaram hain.. so you need Sharia Digital banking?

[@aksman8563]

😂😂😂

[@Tableno91]

He said in beginning.. Islamic varient of interest 😂😂. And they say Quran can't be modified.

[@I0-_-0I]

😂

[@shivam_singh_9999]

well said

[@ramaswamyadisesh6848]

The first step of digitization in India was to establish an universal ID system (AADHAR). Then they were able to open bank accounts for each one of them. The bank accounts were free and zero balance accounts. This is not something that can be done in 6 months. Also, they needed the UPI like infrastructure. Then banks and other institutions had to embrace this interface. It is not as simple as the commentator was making it look easy. They also had JIO for connectivity and internet. If you start now, and get it done in 5 years, it will be lightening speed. It took India more than 10 years to get to where they are. May be these guys can ask India to do it for them for a fee.

[@MD-fr4xt]

Pakistan had digital chip based CNICs even before Adhaar card, but they haven’t done anything with them

[@user-kx6bg7zi9c]

Jio for internet

[@FallNRise]

Bol bol k saari scheme btaade😅

[@master_kp6593]

​@@FallNRise😂😂😂

[@yourstrulytk12worldaffairs]

​@@FallNRise Humanity ki growth se koyi problem nahi hai. All countries should grow. 😊

[@bikramkar8749]

Seriously! you people have the audacity to compare yourself with india

[@wamcy100]

As an Indian we are still in 3rd world But Pak invented 4th world

[@spreadpositivity1500]

You don't know the meaning of third world, you wrote we are " still " actually, third world is term used for countries who were not active/battling in world war. UAE and Singapore are third world countries and will always be even if they surpass all developed countries. So will India be.

[@aruhik]

Wrong. Third world countries by todays standard are nations who borrow money from nations under the welfare scheme. India doesnt do that anymore, we have changed it into investment and we provide returns instead of borrowing money and paying something equivalent to "interests"@@spreadpositivity1500

[@aruhik]

Incorrect. Third world countries by todays standard are nations who borrow money from nations under the welfare scheme. India doesnt do that anymore, we have changed it into investment and we provide returns instead of borrowing money and paying something equivalent to "interests"

[@MrReachashish]

India is miles ahead of Europe in digitalisation. In Germany cash is still the king.

[@lifehacksbyharshal]

India is not third world country!!

[@vg82]

Ye level hai inn nikkamo news portal Ka ….

[@Thanuraj.Mysuru]

Pakistani Companies total Market Cap is 27B$ and Indian Companies Market Cap is 3.5T$ there is no Comparison.... edit1: It's 3.72T$ and Pak 24B$ as of Jul 2023 two nations two stories, Pakistan is destined to fail.

[@tackthecool]

3.75 T now

[@_heyo_harshita]

600B$

[@Thanuraj.Mysuru]

@@_heyo_harshita in Which Dream??

[@Thanuraj.Mysuru]

@@tackthecool Not Economy Kid..... Value of Indian Stock Market

[@Thanuraj.Mysuru]

​@@_heyo_harshitaThat's forex reserve I am talking about total value of Indian companies

[@master_kp6593]

I'm from India🇮🇳 & let me tell you some story of mine, Since last one year, whenever I went out, I would rarely have taken out my wallet with some cash, And I have realized after listening to this podcast that this is a very normal thing for us, the rest of the world has not even come close to it, I literally say thank you to the one who gave me my life and sent me here accept anywhere in the world. (I must have done some good deeds in my previous life.😂)

[@piyushshukla7312]

If we see these types of irrelevant content, we will unfollow u guys.

[@bharatisamurai4614]

💯 ✔ you are correct, well done, thank you!

[@bharatisamurai4614]

🙏

[@ketanchoudhary684]

Pathetic podcast 😂

[@aksman8563]

😂

[@SHIVAMYadav-pw5uz]

Business today also want validation of Pakistani....shamesless media

[@aryavart296]

Absolutely, how does this help me a common Indian ?

[@SHIVAMYadav-pw5uz]

@@aryavart296 it feeds your ego...and make ur brain positively conditioned towards government policies....

[@ketanchoudhary684]

Govt needs to be more ruthless in pursuit of development of infrastructure, tech industry and govt policies like implementation of CAA been pending forever. BJP is still doing a fine job though.

[@SHIVAMYadav-pw5uz]

@@ketanchoudhary684 it's a delusion....bjp is doing nothing... It's just a manipulation......no scam can come out until they are in power like congress...thanks to their it cell , control on media....and worst opposition....nobody knows the truth....truth is controlled by bjp for bjp......we are just stuck.. Because..we don't have options

[@SportsArena1996]

1:07 Online Me bhi ISLAMIC Varient 🤣🤣🤣🤣🤣🤣🤣 Bulla Hamesha Bulla Hi rahega

[@dannys4702]

Pajeet. Pakistan has two variants of Banking, one is Islamic with majority stake and the other is called Conventional. Both products are avialable to the consumers, he was just relating to both the modes of services. Don't compare your cow dung Banking to Pakistan's Banking Sector.

[@abhinavmishra9323]

Why are u comparing India with Pak?

[@mrexpress8002]

dont hate geezer

[@abhinavmishra9323]

@@mrexpress8002 why?

[@mrexpress8002]

@@abhinavmishra9323 its not good to hate. we are all human beings. show love and respect.

[@abhinavmishra9323]

@@mrexpress8002 I don't respect hate mongerers

[@mrexpress8002]

@@abhinavmishra9323 so why are you hating ?

[@priyamawasthi6254]

In India, it was a brilliant convergence of private sector and government policies to make this happen. From Government side: 1. JAM trinity was achieved. 2. Based on that, UPI could work smoothly 3. KyC was persued relentlessly by RBI and ensured all financial institutions get it done. 4. Payment Banks were allowed. To count a few. On Private Side- 1. Internet was made accessible and affordable to common people. 2. The payment companies provided incentives to use their platform and a competition started between various vendors. 3. Steps like, distribution of QR codes placards, stickers, providing audio verification machines to vendors were some of the innovations and investments which private sector made. I personally, do not withdraw any cash for my day to day transactions since last 3 years.

[@d1p70]

You also forgot the two main drivers for mass adoption - demonetization followed by covid.

[@rajkumarsubudhi]

Digitalisation is 2ndary issue, core issue is, how can you increase productivity in industries and service sector, which would brought dollars or foreign money to nation or nation would decrease its dependancy on others.

[@Rikam786]

Why do i smell something burning 🤣🤣

[@Andh_namazi_420.]

Pakistani ki ga*** burning 🥵 or inke Allah ki bhi 😢. Inke Allah tala ko chappal se marugaa 😡

[@finalassault07oct42]

Identity crisis basically main issue behind Pakistan's whole problems 😊

[@voldemort6596]

1:06 " Islamic Varient " the reason this country will never grow up because everyone, everywhere everything is connected to Islam. (Islamic touch) Har jagah majhab ghused do.

[@Tableno91]

Interest is haram in Quran. And they say Quran can't be modified.😂

[@DN-rt7tl]

A major problem with Pakistan is the lack of education especially among women.In India,especially in a (92 percent) literate state like Kerala,women do not marry men who are not a graduate at a minimum.Even the lowest income group like my maid want their daughters to go to the best school they can afford .A country cannot progress until the women do.Sure,we have our share of problems as women even here but education makes a huge difference!

[@voldemort6596]

" Islamic Varient " the reason this country will never grow up because everyone, everywhere everything is connected to Islam. Har jagah majhab ghused do. Islamic touch 😂

[@ss-zz6ii]

😂

[@gouthamkrishnan6718]

He meant islamic banking

[@Randomcomment7699]

6 months work if supported by Infosys and Nandan Nilekani .. else it’s impossible or life long work

[@vaibhavchavan3346]

Islamic variant😂😂😂😂

[@ss-zz6ii]

😂😂 alag level k pagal hai yeh

[@reghup3747]

This UPI, is one of the largest planet scale distributed IT Software Digital Infrastructure. This requires a ecosystem of highly skilled people to build and operate... Just becoz you see something doesn't mean you understand and can build it. Governance around this, Business integration are another big area of vision

[@connectaj4734]

Have forgotten experience in carrying cash..indians travelling abroad will have a lot of problems in carrying and dealing in cash now

[@Thanuraj.Mysuru]

far ahead of Pak? we are far ahead of world in digital infrastructure and payments systems... Remember the day when chidambaram and gang laughed hard in the parliament saying "can a tender coconut vendor use this stupid system? "

[@mr.d6484]

Now today this person become minster of IT and telecommunication hope he do these things what he belive... Good luck minister 🥳

[@akshaysharma8940]

Islamic variant of interest?🤦🏻‍♂️

[@ach2337]

Question: This is the reason Pakistan is a failed state. Answer Jeopardy style: What is Islam. 😂😂😂

[@arunmohan2514]

Please do not compare INDIA with Pakistan bcz we Indians feel aahamed due to this as we are comparing ourself to the world.

[@sjcwin79]

Why you compare India as elephant and with pak as rat always 😅

[@trueindian6332]

Busy shop keepers used to waste time im exchanging right amount changes, sometimes it led to arguments and loss of productive hours...now it is painless. we literally can travel without our purse but with jist mobile...that is enough.

[@sacpal7967]

Don't compare Indian and Pakistan ,India, for ahead in all respect

[@mrexpress8002]

indians are ugly though lol

[@moulics]

The payment infrastructure recorded a whopping 12.02 billion transactions in volume. total value of UPI transactions for November was Rs 17.4 trillion

[@Blabla00075]

Benefits: 1) He is getting loan from UPI apps automatically 2) The fear of looting from goons 3) No headache of chain ( chutta Paisa) 4) He is busy to serve clients as he has not to give time to take cash and giving back chain 5) No Fake notes tension 6) No mutilated notes tensions 6) Black economy ended

[@Diyashill7359]

Right 😊

[@hpremjit]

Chutta= change

[@snkumarkumar1859]

Umar Saif is very right about the advantages of digitization. Digitization does not only formalize the economy but also empowers small businesses and enables hassle free P2P payments across geographies .

[@MrUA749]

Bhailog! To become like India...firstly every person should have Bank Account , his mobile number also needs to be connected with his account and National ID card number and Tax Number ,of anyone paying taxes....otherwise you can never have digital payment. Paisa takkiye neeche hi safe hai

[@anantbhushangaur1972]

Its good that they are praising India but who needs appreciation from beggars 😂

[@lionizedlamb5178]

Please dont insult India with this comparison. Lol😅😂

[@HaradhanKerani]

It requires huge infrastucture.....and thanks to Reliance for dirt cheap internet in jndia

[@jawaharlalbansal1062]

First of all you have to open zero balance bank account of every individual for digital transactions.n

[@ketanchoudhary684]

And it will take them maybe next 6-7 years and then they can start talking about making a digital app😂😂

[@Blabla00075]

LoL 😂😂😂😂😅 toothpick bhi import karte hai

[@wxyz1]

We don't want approval or appreciation from crooks like Shehzad Ghias

[@P.Babrah58]

India is flexing for Digital Currency now.....bro...one step ahead of Digital transaction. Just wait n watch. ਜੀਉਂਦੇ ਰਹੋ।

[@cadmium8565]

Pakistan does reverse engineering of everything, its inability to make payment is a matter of concern 😂😂😂

[@southpaw8168]

Finally Pakistanis coming to senses...

[@bharatisamurai4614]

🤔 ... never

[@Tableno91]

Ghanta😂

[@2sridhark]

The guy is saying this can be done in 6 months! That is a laugh. He needs to do more research into this.

[@vineetanand28]

In India no one carries cash anymore

[@BimlaMehta-ln5zq]

what happens if a person from another country like USA & he does not have UPI.. Can he still use cash.

[@jaymehta5886]

@business today .. lets compare ourself with China and not Pakistan.

[@anilkumar-vb3lg]

Now a days we don't carry cash with us. Every person in Bharat now have a debit card linked to its bank account or UPI app in our mobiles for making any type of day to day payments. For big payments people use mobile apps of their respective banks and paymets are made instantly upto INR 5 Lakh.

[@wamcy100]

I don't think I have used any cash in 2years.

[@subhendubala100]

Believe me or not right now i am having very little cash in my pocket. And even i am going to a small village market in countryside area in Rajasthan with absolute no cash .

[@parshuramKotekar-tf9rr]

❤

[@shubhamsrivastava7492]

When last time i used cash i don't remember that

[@mustanggt5713]

Far ahead = 100 years and that gap is increasing in a crazy speed on a daily basis . Pakistan shouldn’t even dream to compete with India .

[@rajivgupta7431]

First every citizen needs a bank account….. approx 50 crore / 500 million bank accounts were opened up in India during Modis first term, 2014-2019

[@sumitjha5464]

Really these guys think these infrastructure is very basic turant ho jayega. Please try once you will understand how much time, money & effort it took us to master this.

[@AJ-qk7wc]

i m an indian & i request to my fellow friends don't make fun of Pakistan , someone from the China also can discourage us Indians so always theres someone above us keep ur head down & work for best of the best

[@aruhik]

Pakisytan interferes in our internal matters and our men on border are still DYING due to them. Thry deserve the mockery. And what do you mean china can discourage us? You need chinese validations? You sound like nehru. Get out of our country

[@rajendrajasathy4356]

In someway yes. A lot of our public infra needs upgrades and then we need to upgrade public also on how to use this infra....wo train mai log jaise toilet use kate hai usse maloom chalta hai ki kitna door jaana hai.

[@AJ-qk7wc]

yes we need to get better undisputedly, there should be no doubt that INDIA has really grown in everyone's mind

[@DEEPAK-mt5qi]

Yu poki dont compare with hindustan father always father😂😂😂

[@prakashmahtani6345]

QR codes in Pakistan will mainly be used to buy weapons and bombs...

[@indianarmydefence1661]

Democracy is most important for Pakistan

[@radhikapai5537]

I wonder what is stopping them to go digital

[@Ankit79310]

Wait for digital rupee which india launched recently

[@nishad3540]

Bro it has been almost 3 year i have been to ATM..😂😂 liquid cash ke zarurat he nahi paadte.. i can buy 1 rupee Candy by UPI payment 😅 its so cool 🎉

[@gamerking2840]

The first step is admitting someone especially your neighbor is better than you rest is easy. 😊

[@R.kandaswamy]

Promote Cottage Industries to start with. India's Khadi and Village Industries Corpn. had turnover of INR 1,15,415.22 crore expected growth of 20% per annum. By nature Indians prefer to buy indigenous products, that is Samsung sold more phones than Apple.

[@akashjha7277]

My debit card is not working for last 3 month,everything i pay via upi, i never carry wallet

[@bharatindia8332]

Infrastructure for pakistan Identification card for govt to secure the tax n for access for information. Bank account Than connect both digitally .

[@user-tb6tw8cj6o]

Subhanallah

[@vaibhavvyas2202]

6 mahine Mai ho jayega😂, I think they are missing some big points, all of this digitization looks simple, but to create a stack that is secure and can concurrently handle billions of payments requires years of tech skill development in the country, the fintech technologies, getting people to open bank accounts, connecting aadhar with banks, it's all a step by step process which takes years and a long term view to implement

[@rajendrajasathy4356]

😉😉

[@speak_charlie]

👍🏿👍🏿👍🏿👍🏿

[@lalitathapa2010]

Please compare us with USA, Britain,france, China not with pakistan

[@sureshpandey9485]

No need for QR Code. We can transfer money from mobile to Mobile related Bank account

[@satishkumar-ge3df]

Indians are now 80 percent digitised economy means indian economy is now cashless economy

[@user-zb3ih3vh4n]

To all Indian seeing this and feeling good There's is no point comparing our situation with Pakistan we got lucky during partition and Pakistan not If you wanna compare then compare with china

[@2sridhark]

To the comments here I will add one more. GOI ensured that no interest is charged to the vendor for using UPI. He has to pay ~2% interest with credit cards.

[@rajendrajasathy4356]

For retailers its free, for business they now have to pay some commission, as the infra need monetary support.

[@darshitpatel2011]

You are talking about pani puri vala !! I stay in Ahmedabad, Gujarat !! And around 1 AM in morning I was at SG highway and wanted to use public restroom !! I did not have 2 rs changes, so I did paytm upi person sitting and maintaining there 😂

[@tathagataroy5812]

MadrasaChap

[@bharatisamurai4614]

💯

[@suzie901]

Please stop copying India. Use your own innovation and mind. Do not imitate us.

[@bharatisamurai4614]

💯✔ well said

[@awadheshsingh410]

Main point is missing.... Sabse phele bank account hona chahiye.... Modi ne sabse pehle logo ka free me accounts open karaye... Pakistan me account penetration bahut kam hai.... Koi fayada nahi 😂

[@sunilyadavadv.6353]

Jai Hind

[@umadevi8431]

How is digital 95% india population has bank accounts On basis every street vender use Qr codes

[@sairambaeamilidcombunnyroc695]

4 time food not available but beggars telling people telling about India😂😂😂😂

[@assamvevo4546]

We have digital locker available

[@user-bs4ug4pl5c]

Indian introduce digital payments (phone pay) system because pakistan was printed indian currancy notes to downfall India's Economy another reason is paperless government and transaction

[@rashmisingh-oe9ds]

Too little knowledge is dangerous! Complete transparency in transaction, GST paid immediately, revenue to run country available asap! Most important, building trust in people!

[@LiveLifeWithLove]

Pakistanis may be empty pockets but they use terms as if royal king of uk taught them 😅 sab ho gaya hai hawa mein

[@bhushanbhopaye5212]

Now Pakistani tells us...

[@sameerthekingcobra]

Who is he and why is Business Today promoting a Pakistani Podcaster here in India? And why isn't BT using "Minority Genocide" hashtag here?

[@jogeshchandratalukdar6111]

Mungeri laal kein haseen swapne. This guy has no idea what India has done in the last ten years. This fellow claims to put UPI system in six months. Are you mad. Every Pakistani will have to have a Bank Account first. Adhaar-like system will have to be put in place. You guys will not be able to do it in 10 years also. Please stop comparing with India. You will only get disappointed by it. We are on the flight. You guys are in the stone age. You all guys are Jihadis in your heart and nothing is going to improve in Pakistan if you don't systematically take out Islam from your governance.

[@PrabhjotSingh-ku5nv]

In india 2020 ke baad..we stop holding wallet with us.... We just take PHONE with us.. aur uss de hum paisa dete hai logo ko.,

[@aryavart296]

Shhh when you realize that we are falling in many metrics, even lost some semiconductore deals, but Buisness today is covering a random podcaster instead of that

[@bharatisamurai4614]

*Pakistani podcaster

[@Nero6570]

Lost sc deals when? Kuch bhi?

[@user-dn1sk7vl3g]

Sir, IN ALL TERMS... INDIA IS AMAZING, Jusy take away those 2 from hydarabad. Unki bhi bolti band ho jaayegi.

[@backpropagation8365]

Seeing this, Pakistan is massively ignorant about a lot of advanced things happening in India. And lacks the balls to do any reforms. Pakistanis just talk, they cannot implement anything. To do digitalization, you need to have the balls to demonetize first. Without someone strong like PM Modi, demonetization is impossible. Unless you have a strong, smart, honest, visionary leader like PM Modi that can take everyone along the path of development, nothing is possible. If you look at Asian countries that trailblazed economically, all had powerful leaders at the top for a long time. In Pakistan you will never have a visionary, powerful civilian leader , as your Army will never allow that. And therefore Pakistan will also fall behind Afghanistan - who now have powerful leadership that is stable. Look at the infrastructure projects going in Afghanistan - they are investing well and finishing these projects on time. No such thing is happening in Pakistan.

[@sagjoshi]

First of all u need proper connectivity n Also very low tarriffs

[@charrot9352]

we get angry if whole process of transaction doesn't happen with in 5 seconds ,, this is New India