The comments from the central bank governor come amid increasing interest among the fintech ecosystem that places a lot of premium on data, increasing the ability of a business to grow, for which many also call data as the new oil

The proposed system is expected to create a digital replica of the Kumbh Mela area, integrating GIS-based 2D and 3D maps, real-time operational data, and artificial intelligence (AI). The Digital Twin is proposed to be integrated with the existing Integrated Command and Control Centre (ICCC)