The Digital India initiative, launched on 1 July 2015, aimed to transition India from a cash-based economy to a digital one. It has facilitated better governance, healthcare, and economic opportunities.
Key achievements include the success of the Unified Payments Interface (UPI), which accounts for nearly 49% of the world's real-time payment transaction volume. This shift has led to increased financial inclusion and reduced dependence on cash.
Related current affairs
- India Post Payments Bank marks 9th Foundation Day; launches DakPay Sound Box for merchants and new digital platforms (Digital Insurance Technology Platform, Digital Mutual Fund Platform)
- BHASHINI Division (Digital India) Organises BHASHINI SANGAM Workshop in Nepal to Strengthen Language AI Collaboration
- UPI turns a decade-old, sees 13,000-fold surge in transaction volume
- Keynote address by DoT Secretary on cybersecurity, trustworthy ICTs and child online protection; highlights Aadhaar, UPI, IT Act and DPDP Act
- BRICS ICT panel: India highlights Digital Public Infrastructure (DPI) and population-scale digital rails for global public services
- Qatar-India postal remittance service (PosTransfer) powered by UPI launched via Qatar Post outlets
