1) in which field India has experienced an important revolution?
Answers
Answer:
We have a great market and huge talent pool to fuel our growth. Though still a developing country, has achieved a lot in the past 71 years. One of the fields in which India has made huge achievements is Science and Technology and has seen the technology revolution.
Industrial Revolutions in the 19th and early 20th centuries as it was then fodder for colonial industrialisation. It also missed the third technology-driven one, since it came at a time when India’s economic policies were not conducive to technology. But India has been lucky to be at the forefront of leading into the Fourth Industrial Revolution — a digitally driven one —with speed and scale.
GoI recently gave a policy push to ensure that no Indian remains without a unique identity. Today, 99% of Indian adults have an Aadhaar identity number. The government further interlinked the identity system with bank accounts and mobile numbers, resulting in the JAM (Jan Dhan-Aadhaar-mobile phone) trinity. JAM has become the fundamental digital architecture ushering in holistic financial inclusion.
The Bharat Interface for Money-Unified Payment Interface (BHIMUPI), with over 600 million transactions in January 2019 alone, is the interoperable backbone connecting all banks and consumers, and is being front-ended by many national and international digital platforms.