Question 1
Can people understand and safely use the financial service?
National priority 12 · Finance, Capital & Public Value
Finance, Banking, Tax & Financial Security
Accessible financial systems, responsible taxation and household financial resilience.
Put financial systems to work for public value.
Study safe access, understandable costs, suitable services and fair redress. Connect public and project resources to traceable purposes, whole-life costs and outcomes. Keep private records separate from public reporting and avoid unsupported return or eligibility promises.
Question 2
Can a project’s resources be traced to evidence and an appropriate outcome?
Question 3
How are conflicts, fraud concerns and errors handled?
Data reference table
Evidence Snapshot
Read each value with its reporting period, population and limitations. A historical national reference is not a local baseline or proof that an IFT proposal works.
7 source-linked reference records. Publication checks do not independently reproduce the underlying data.
| Signal | Reference Value | Period / Population | How to Read It | Source Status |
|---|---|---|---|---|
| PMJDY accounts opened | 55.98 crore accounts Historical reference | As at 25 July 2025 India; accounts under PMJDY | Shows the reported reach of this particular basic-bank-account scheme. Limitations: Accounts are not necessarily unique people, active users or households with adequate financial protection. It is not an all-adult banking-coverage rate. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| Aggregate deposits in PMJDY accounts | ₹2,61,982 crore Historical reference | As at 25 July 2025 India; PMJDY account deposit balance | A stock of balances held in the scheme at the stated date. Limitations: Not household income, average wealth, emergency-saving adequacy or a measure of how evenly balances are distributed. Do not divide by a different-date account total. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| PMJDY accounts held by women | 31.24 crore accounts; 55.8% of PMJDY accounts Historical reference | As at 25 July 2025 India; PMJDY accounts classified by holder gender in the answer | Shows women’s share within the scheme’s account records. Limitations: Not the percentage of all women with an account. Account ownership alone does not demonstrate independent control, safe use or economic agency. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| PMJDY account holders reported to have used overdraft | 35,99,662 account holders Historical reference | As at March 2025 India; PMJDY overdraft-facility users reported by the government | The answer reports use of the scheme’s overdraft facility. Limitations: The wording is facility use as reported, not a verified count of currently active borrowers, eligible-but-excluded people or successful livelihood outcomes. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| PMJDY overdraft amount outstanding | ₹393.02 crore Historical reference | As at March 2025 India; PMJDY overdraft facility | An outstanding credit-balance stock reported for the facility. Limitations: Not annual loan disbursement, repayment performance, borrower affordability or evidence of responsible lending terms. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| Centres for Financial Literacy established | 2,421 centres Historical reference | As at 31 March 2025 India; RBI Centre for Financial Literacy project | A count of established centres available as a programme-input reference. Limitations: Centre count does not establish attendance, accessibility, learning, safer financial decisions or district coverage. A local evaluation needs separate outcome measures. | Ministry of Finance, Department of Financial Services Official parliamentary answer Rajya Sabha answer 2636: Credit disbursed to PMJDY account holders Published: 2025-08-12 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
| RBI Financial Inclusion Index | 67.0 index points on a 0–100 scale Historical reference | Year ending March 2025 India; national composite index across access, usage and quality | An existing RBI composite based on 97 indicators across access, usage and quality. It is an index value, not a percentage and not an IFT-created score. Limitations: The national index cannot establish local or subgroup inclusion. Underlying component records were not independently reproduced or audited. Do not combine this value with unrelated indicators into another score. | Reserve Bank of India Official central bank release Financial Inclusion Index for March 2025 Published: 2025-07-22 Publication checked: 2026-11-04 Value, period and coverage checked in publication |
Different surveys, administrative records, estimates and reporting years are not interchangeable. No combined IFT score is calculated from these rows.
Evidence coverage and review log (CSV) · Structured evidence register (JSON)
Every available subject in this pillar
All 97 topics, organised here.
Read the topic names below and open the subject directly. The groupings are for navigation; each original topic remains separate.
People, access & capability (3)
Core subjects & practical pathways (32)
BANK GOVERNANCE ›CAPITAL MARKET DEVELOPMENT ›Capital Markets, Governance & Credit Information ›CASH-FLOW BASED MSME LENDING ›CORPORATE GOVERNANCE ›DELAYED PAYMENT PROTECTION ›DIRECT BENEFIT DELIVERY ›DISTRICT INVESTMENT MAP ›EMERGENCY SAVINGS ›Farmer, MSME & Responsible Credit ›FRAUD RESPONSE TIME ›GLOBAL MODEL STUDY ›GOVERNMENT PROJECT LIFECYCLE COST ›INVESTMENT FRAUD PROTECTION ›INVESTMENT LITERACY ›Life-Cycle, KPIs, Roadmap & Master Model ›LOAN TRANSPARENCY ›LONG-TERM SAVINGS ›NATIONAL CAPITAL CYCLE ›NON-PERFORMING ASSET MANAGEMENT ›OUTCOME-BASED BUDGETING ›PENSION & RETIREMENT SECURITY ›PREDATORY LENDING PROTECTION ›PUBLIC MONEY MANAGEMENT ›REAL-TIME FRAUD INTELLIGENCE ›ROADMAP ›Simple, Fair & Predictable Tax ›SIMPLE TAX COMPLIANCE ›SUBSIDY EFFECTIVENESS ›TAX FRAUD & EVASION ›WHAT INDIA MUST NOT DO ›WHAT INDIA SHOULD DO ›
Technology, delivery & infrastructure (15)
BANKING SYSTEM RESILIENCE ›CASH + DIGITAL BALANCE ›CREDIT INFORMATION SYSTEM ›DIGITAL LENDING SECURITY ›FINANCIAL SYSTEM STRESS TEST ›Fraud, Consumer Protection & System Resilience ›MASTER KPI SYSTEM ›MSME FINANCE SYSTEM ›NATIONAL FINANCIAL SECURITY SYSTEM ›PAYMENT SYSTEM RESILIENCE ›RESPONSIBLE CREDIT SYSTEM ›RURAL FINANCIAL INFRASTRUCTURE ›TAX SYSTEM VISION ›TAXPAYER-FIRST SYSTEM ›UNIVERSAL DIGITAL PAYMENTS ›
Resources, resilience & long-term planning (40)
CHILDREN & FINANCIAL EDUCATION ›CONSUMER FINANCIAL PROTECTION ›District Capital & Cross-Pillar Finance ›DISTRICT FINANCIAL HEALTH ›FARMER FINANCIAL SECURITY ›FINANCE + AGRICULTURE ›FINANCE + EDUCATION ›FINANCE + HEALTH ›FINANCE + HOUSING ›FINANCE + JOBS ›FINANCE + MSME ›FINANCE + NATIONAL SECURITY ›FINANCE + WOMEN ›FINANCE FOR MANUFACTURING ›FINANCIAL CYBERSECURITY ›FINANCIAL FRAUD PREVENTION ›FINANCIAL GEOGRAPHY ›FINANCIAL IDENTITY & KYC ›FINANCIAL LITERACY MISSION ›FINANCIAL SECURITY FOR MIGRANTS ›GREEN FINANCE ›HEALTH EXPENSE FINANCIAL PROTECTION ›INSURANCE FOR FINANCIAL PROTECTION ›Financial Capability, Savings & Protection ›LOCAL GOVERNMENT FINANCE ›NATIONAL FINANCIAL LIFE-CYCLE ›NATIONAL FINANCIAL RESILIENCE ›ONE FINANCIAL GRIEVANCE JOURNEY ›Finance for Productive Sectors ›Public Money, Local Finance & Outcomes ›PUBLIC PROCUREMENT FINANCE ›REIMAGINEINDIA FINANCIAL MASTER MODEL ›RESEARCH FINANCE ›RETIREMENT PLANNING ›Inclusive Finance Across Place & Life Stage ›SENIOR CITIZEN FINANCIAL SECURITY ›STARTUP FINANCE ›TAX REFUND SPEED ›WOMEN'S FINANCIAL INDEPENDENCE ›YOUTH FINANCE ›
IFT working ideas · Proposals for research
Practical ideas to investigate.
These are questions and proposals to develop, not completed programmes or established results.
Household financial-service journey
Study safe access, understandable costs, suitability and complaint resolution for one common service.
What must be checked
Measure actual use and harm as well as account opening.
Public value per project
Link a proposed allocation with full costs, outcomes and a transparent review method.
What must be checked
Do not publish invented receipts, audited status or guaranteed returns.
Fraud response handover
Study reporting delays, containment steps and accountable recovery support with qualified services.
What must be checked
Keep personal accounts and sensitive financial records outside public pages.
Connected priorities.
10 questions and answers
Questions about Finance, Banking, Tax & Financial Security
What does financial security mean in this pillar?
The focus is safe access, understandable costs, suitable services, resilience and fair correction. It also connects public and project money with traceable purposes and outcomes.
Does a page here recommend a financial product?
The pillar studies systems and evidence questions. It does not establish that a particular product is suitable for a person or promise returns, credit or eligibility.
How should payment and access problems be studied?
Follow the user’s actual journey, including identification, service access, transaction status, charges and correction. Distinguish an account or channel from successful usable service.
What should a borrowing-related proposal compare?
Examine purpose, total cost, repayment timing, risk and alternatives. The proposal needs context-specific review rather than an assumption that more credit always improves welfare.
How should fraud concerns be recorded?
Keep a safe record of what happened, when and through which channel. Avoid publishing credentials, account details or unverified accusations; identify the responsible reporting route.
What belongs in a project money trail?
Connect the purpose, approved budget, funding source, restrictions, spending, supporting records and measured outcome. Keep private financial details separate from public summaries.
Why distinguish spending from public value?
A payment shows that money moved. Public value needs evidence about the service or outcome delivered, who benefited, full cost and any harm or exclusion.
How should tax-related information be presented?
State the scope, date and source of a general explanation. Do not infer an individual liability, exemption, deduction or IFT registration from a concept page.
How should conflicts of interest be handled?
Identify relevant interests and explain who reviews decisions. Financial support should not be presented as a way to purchase favourable research, ranking or editorial treatment.
What should a financial-system pilot measure?
Compare usable access, payment reliability, understandable cost, complaint resolution and protection from harm. Report limitations and distribution across affected groups.