Challenges: For Building Financial Inclusive India
ICFAI Reader, pp.14-20, May 2009
15 Pages Posted: 9 Aug 2009
Date Written: August 7, 2009
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: Suggested Citation