Digital Infrastructure and Delivery of Citizen-Centric Services
Digital Infrastructure (India Stack)
- The India Stack, comprising the Identity Layer (Aadhaar), Payments Layer (UPI, Aadhaar Payments Bridge, Aadhaar Enabled Payment Service), and Data Layer (Account Aggregator), played a pivotal role during the pandemic.
- Aadhaar provided digital identity to citizens, significantly increasing formal identification and bank account penetration.
- UPI facilitated a surge in cashless payments, with transaction values skyrocketing from Rs.0.07 lakh crore in FY17 to Rs.143.4 lakh crore in FY24.
- The Data Layer transformed authentication processes, reducing e-KYC costs.
Government Initiatives
- PMJDY leveraged India Stack for direct benefit transfers, with accounts growing from 14.7 crore in March 2015 to 51.5 crore ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
What Made The Indian Economy Resilient?
- 1 Domestic Economy
- 2 Government Initiatives
- 3 Reform Push to the Indian Industry
- 4 Evolving Financial Markets to Support the Investment Needs of a Growing Economy
- 5 Safeguarding Macroeconomic Stability
- 6 Human Resources - Dovetailing Growth with Welfare
- 7 A New Approach to Welfare
- 8 How has the New Approach to Welfare Paid Off
- 9 Women-led development: Tapping the Gender Dividend for India@100
- 10 Employment Situation in the Past Decade
