DR KUMAR VIKAS
2 months 1 day ago
Honourable Prime Minister Sir,
Building on the success of Jan Dhan and UPI, a Digital Daily Recurring Deposit may be introduced for daily wage earners without requiring a Savings Bank Account. Using UPI or QR codes, workers can save small amounts daily—₹10, ₹20 or ₹50—directly through digital mode.
This initiative will promote daily saving habits, deepen financial inclusion beyond account opening, reduce cash dependence, and bring informal workers into the formal financial system. Millions of small daily savings can collectively strengthen the economy.
Just as Jan Dhan ensured access and UPI enabled transactions, Digital Daily Savings can build financial security for all and support the vision of Viksit Bharat 2047.
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