Volume : 1, Issue : 1, June - 2012

Financial Inclusion in India: A Real Effort for Growth

Dr. Jyotindra M. Jani, Manish B. Raval

Abstract :

Every economy in the world strives to achieve socio–economic growth. This growth can be realized only when all the people of the nation have improved standard of living. This is possible only if, the people get the basic financial facilities. During the course of economic development, some sectors of the society have been ignored in terms of financial services so the economic growth has not realized fully. The government has undertaken an initiative to include the ignored people in the financial services. This is popularly known as “Financial Inclusion Plan”. Here we have presented the steps taken by the government for financial inclusion and the approach of the government for the future.