Challenges: For Building Financial Inclusive India

ICFAI Reader, pp.14-20, May 2009

15 Pages Posted: 9 Aug 2009  

Anamika Sharma Sr.

Adam Smith Institute of Management

Date Written: August 7, 2009

Abstract

Financial inclusion has been a buzzword for the policymakers for a long time. Having realized that financial inclusion paves the path for a sustainable economic growth and development in a country like India, attempts have been made by the government to bring large sections of the rural population within the banking system. This article analyzes the efforts made by the government of India in the implementation of financial inclusion, identifies the barriers in the process and suggests strategies to ensure maximum financial inclusion for the underprivileged and unbanked areas.

Keywords: Financial Inclusion, India, Financial Inclusion Measures

JEL Classification: E58

Suggested Citation

Sharma, Anamika, Challenges: For Building Financial Inclusive India (August 7, 2009). ICFAI Reader, pp.14-20, May 2009. Available at SSRN: https://ssrn.com/abstract=1445306

Anamika Sharma Sr. (Contact Author)

Adam Smith Institute of Management ( email )

India

HOME PAGE: http://www.asimindia,org

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