Consumer finance in India is crucial for financial inclusion. It involves giving credit to people so they can buy everyday items. Many Indian households still rely on informal sources for unexpected expenses. A survey shows that people see consumer credit as important for financial inclusion. Financial inclusion means everyone has access to financial services like bank accounts, loans, insurance, and investments. India has been working on this goal for a long time, but it's not fully achieved yet. Banks and MFIs have been leading the way, but more needs to be done to provide services like insurance and consumption loans to everyone.