Assessing the Effectiveness of Government Initiatives for Financial Inclusion in India

Author:

Mishra Mahendra R.1ORCID

Affiliation:

1. K.J. Somaiya College of Arts and Commerce, India

Abstract

The financial inclusion program is one of the important government initiatives by the government of India since the 1950s. Several broader initiatives have been taken by the government of India since the 1950s to promote the accessibility of financial services to those sections of society which were excluded from mainstream banking and are marginalized and weaker sections of society. For the promotion of a details assessment of the government program for financial inclusion in India, the researcher highlights some of the programs and the outcomes associated with those programs for activating financial inclusion in India.

Publisher

IGI Global

Reference11 articles.

1. Chakrabarty, K. C. (2013). Financial Inclusion in India-Journey so far and way forward. CNBC TV18.

2. Chavan & Saraf (2021). Small Finance Banks: Balancing Financial Inclusion and Viability. Department of Supervision, Reserve Bank of India.

3. Gandhi, R. (2015). Disruptive Innovation and Inclusive Growth-Some Random Thoughts. Speech Delivered at FIBAC, Mumbai, India.

4. Kumar Nitin. (2021). Performance of Small Finance Banks- An Early Reflation. RBI Bulletin August.

5. Kunt-Demirguc. (2017). Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence. Development Research Group, Finance and Private Sector Development Team, WPS 8040.

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