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Vision 2022 for Digital India and what it means for you.

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January 02, 2019
The digital age for the masses of India has finally commenced with the incumbent government striving for enhanced role of technology in governance. It is the general view today in India that the volume of administrative functions must include digital shift as this will ensure transparency at many levels. Since past many decades, the social scientists in India were keenly observing the global trends in administration and the influence of technology. However, with the introduction of digitization towards the end of last millennium, the importance of digitization in ensuring accountability and ease of functioning became clear to everybody. With the launching of Vision 2022 for India, the motto of digital India has become Accessibility for all.
 

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 the mentioned link:  https://www.hdfclife.com/life-insurance-plans.

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Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

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