Digital India: Footstep towards financial inclusion for future generation

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Authors: KARUNA SHINDE
Cited by: 0

Abstract

India will commemorate the tenth anniversary of the Digital India initiative on July 1, 2025. Prime Minister Narendra Modi launched it in 2015 with the straightforward goal of using technology to improve everyone's quality of life in India. The vision is to genuinely closed the digital divide by providing internet connectivity to remote areas of the nation and enabling online access to government services. With a few clicks, consumers may now access banking, healthcare, education, and other services, which is the first steps towards the mission of the “Viksit Bharat”. which has the capability to empower future generation. As per the report of the State of India Digital Economy 2024, published by ICRIER Prosus indicate that in the 2022–2023, 11.74% of contribution made by the digital economy in total nation revenue which expected to contribute nearly 13.42%, by the year 24-25. It is anticipated that by 2030, India's digital economy would account for around one-fifth of the nation's total GDP, surpassing the expansion of traditional industries. Present scenario show that India is currently ranked third globally in terms of economic digitization. Present Paper focus on the analysis of the digital economy over the last one decade. Secondary data used for the analysis purpose.

Fields of Study & Subjects

Digital Economy and Transformation Economic Growth and Development ICT Impact and Policies

Publication details

Journal / source
International Journal of Multidisciplinary Trends
Volume
8
Issue
3S
Pages
19–23
Publication date
1 March 2026
Language
EN