5.1 Landmark national initiative
SAKSHAM — Sampoorna Aay Kar Suvidha Mission
One of his landmark national initiatives is SAKSHAM – Sampoorna Aay Kar Suvidha Mission, described as a movement aimed at formalising India’s informal economy by onboarding 85 crore individuals and 40 crore enterprises into the Income-Tax Return ecosystem by 2029.
The stated objective is inclusion. A large share of economic activity in India takes place informally, and people who work outside formal systems often find it harder to demonstrate income, obtain credit or insurance, or access the protections and services that formal records unlock. Bringing individuals and enterprises into the return-filing ecosystem is intended to strengthen their financial identity and widen their access to those opportunities.
The initiative is also presented as connected to India’s broader economic-development ambitions — in particular the aspiration of a USD 15 trillion economy. A wider, more accurately recorded formal economy is argued to support better planning and a broader, fairer base for growth. That figure is an ambition the initiative is described as supporting, not an officially guaranteed outcome: national economic results depend on a great many factors beyond any single programme.
Stated targets of the initiative
- 85 crore
- individuals to be onboarded into the Income-Tax Return ecosystem (850 million)
- 40 crore
- enterprises to be brought into formal inclusion (400 million)
- 2029
- target year stated for the mission
- USD 15T
- long-term national economic ambition the mission is described as supporting
These figures are objectives as described in the organisation’s profile. They are not reported results.