International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 5 September-October 2024 Submit your research before last 3 days of October to publish your research paper in the issue of September-October.

Financial Inclusion as a Driver For Emerging Country Like India

Author(s) Aparna Pandey
Country India
Abstract “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” These words of Franklin D.Rosseuelt are in the line of present economic condition of underdeveloped countries like India. India's economy, which is expanding quickly, must adhere to the philosophy of everyone's support and growth. Financial inclusion (FI) has proven to be the most effective weapon in the fight for inclusive growth and sustainable development in the present scenario. It is regarded as the precursor that would enable wider participation by vulnerable groups such as weaker portions and low income group in the financial system. The objective of this study is to understand the present status of financial inclusion in India, flaws that are impeding the progress of financial inclusion and schemes providing access to inexpensive financial service like banking and insurance.
Keywords Financial inclusion, Banking, Insurance, Sustainable Development
Field Arts
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-03-09
Cite This Financial Inclusion as a Driver For Emerging Country Like India - Aparna Pandey - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.14770
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.14770
Short DOI https://doi.org/gtmbd7

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