Abstract
Financial exclusion has long hindered equitable economic development in India, particularly among rural
populations, informal workers, and marginalized communities. The introduction of the Goods and Services
Tax (GST) marked a transformative shift toward formalization, transparency, and digitalization of the Indian
economy. Simultaneously, the Government of India launched the Pradhan Mantri Jan Suraksha Yojana
(PMJSY) to provide affordable insurance and pension coverage through schemes such as Pradhan Mantri
Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana. This paper
examines how GST-driven digital infrastructure, compliance mechanisms, and financial transparency
contribute to expanding digital financial inclusion under the Jan Suraksha framework. By integrating tax
formalization with digital payment systems and banking access, GST indirectly strengthens participation in
social security schemes. The study adopts a policy-analytical approach to evaluate the synergy between tax
reform and inclusive financial architecture, highlighting its implications for sustainable economic
development and Digital India initiatives.