The Reserve Bank of India's retail direct gilt (RDG) account, launched in 2021, allows individual investors direct access to government securities like treasury bills and bonds. This platform aims to democratize the G-sec market, offering a safer alternative to fixed deposits and debt mutual funds. While government securities prioritize capital protection and predictable cash flows over high returns, they provide negligible default risk and can be used for short-term parking of funds or regular income generation, especially for retirees.