Financial inclusion in India breaks poverty cycle for low-income citizens.
Financial inclusion aims to help poor people in India by giving them access to financial services like loans and savings. The goal is to help them escape poverty by allowing them to participate in the formal financial system. The book discusses how microfinance, banks, and NGOs can play a role in this. It also talks about the credit needs of different groups in India, like Scheduled Castes. Providing affordable financial services to low-income individuals is crucial for their economic development.