Introduction Financial inclusion has emerged as a cornerstone of equitable economic development in the 21st century. It refers to the process of ensuring access to appropriate financial products and services—such as savings accounts, credit, insurance, pensions, and digital payments—to all sections of society, particularly the underprivileged and marginalized. In a country like India, with its…
Introduction The Union Budget 2024–25 is a critical document that outlines the government’s fiscal policies and strategies for the upcoming financial year. The budget serves as a key instrument for managing the Indian economy and directly impacts inflation, economic growth, and social welfare. The fiscal policy measures announced in the budget aim to address challenges…
Introduction India, the world’s largest democracy, has entered a transformative phase driven by technological advancements and digital empowerment. Launched in 2015, the Digital India initiative marked a paradigm shift in governance, aiming to digitally empower citizens and transform public service delivery. In this new digital era, e-Governance has emerged as a vital tool to strengthen…
India Stack refers to a set of technology-driven solutions and frameworks designed to digitize key aspects of the Indian economy and its governance systems. It is often regarded as one of the most ambitious efforts in the world to build a digital infrastructure for financial inclusion, governance, and public service delivery. The “India Stack” is…
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by the Government of India in August 2014, has been heralded as a revolutionary initiative aimed at financial inclusion for the underprivileged sections of society. The scheme, often described as the “charioteer of the poor,” plays a pivotal role in ensuring that even the marginalized communities have…