Economics, Econometrics and Finance
6 years ago

Financial inclusion in India paves the way for inclusive growth

Journal of Public Affairs
Financial inclusion, banking the unbanked: Concepts, issues, and policies for India
Priyanka Menon

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Financial inclusion is important for India's growth. By looking at data from 2011, 2014, and 2017, we see that financial inclusion helps people access education, healthcare, and a better life. In India, many people are not included in the financial system by choice. Policies can help, but improving awareness and financial knowledge is key to achieving true financial inclusion.