Vision 2022 for Digital India and what it means for you.
Technology today has become a sharp-edged tool for creating equal opportunities for everyone and in a lop-sided economic Indian perspective, this has come as a sigh of relief for everyone “ the people as well the policy makers. The bulk of Indian population relied heavily on traditional and cumbersome methods for their day-to-day activities and as a result of this, mass inefficiency and lack of transparency was predominant. In the government offices, the sheer negligence and red-tape-ism had become a terrible problem and the masses suffered, as a result of this. So, what do we understand by Digital India and what is vision for the year 2022?
By digital India, we mean an India where the bulk of an average citizen's daily and mundane activities are carried out digitally i.e. through electronic transactions and virtual channels. This includes things like important banking decisions, transactions and payments for things of daily need, payments for tickets, movies, parking etc. This includes essential fields of activity like virtual classrooms in schools and colleges, online availability of study material, books, mobile app-based transactions, money transfers, service-bookings, insurance and general financial work segments. Therefore, when viewed in its entirety, a digital roadmap for a modern India is aimed at making the lives of ordinary citizens at par with the lives of people in the developed world.
Human development is the true development and technological advancement serves as a means of achieving that. Therefore, it is very essential for everyone to be technically sound in this digital age. This does not mean that every one of us must work for getting core knowledge of how digital technology works (that would be generally impossible). However, it does imply that technically we must try to be more up-to-date about the various processes and how to benefit from them. Now, what does this mean for our financial lives?
Given the fact that the bulk of our banking and other financial operations are expected to become digitized in the near future, we can be certain of one thing the level of accountability and transparency in our monetary dealings will increase manifold. Every penny of our transactions will be accounted for ill practices like tax evasion, unaccounted assets etc. will be done away with. Therefore, the market-security and protection of our capital resources is very essential. Insurance in India serves as a prime method of our financial security and we must stay insured for the future benefits of our loved ones.
HDFC Life offers numerous such insurance policies and plans that guarantee financial security and safety of your capital. For further details, please click on HDFC Life - Life Insurance Plan
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