Toward a Truly Inclusive India: A Financial Inclusion Perspective

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Page: 81-84

Saima Nazir¹ and Khushboo Nazir² (Department of Commerce, University of Kashmir, J&K¹, Accounts Officer GIF, NIT, Sri Nagar²)

Financial inclusion has emerged as a key factor in economic growth and the fight against poverty on a global scale. In order to understand the current state of financial inclusion in India, this research paper examines both the accomplishments to date and the ongoing difficulties. Although India has made tremendous progress in improving its citizens’ financial access, there are still enormous obstacles to be addressed before complete financial inclusion can be achieved. The study looks at the major programmes, policy measures, and technology advancements that have impacted India’s financial inclusion landscape. In order to bridge the existing gaps and further promote financial inclusion, it also addresses the remaining impediments and offers suggestions for policymakers, financial institutions, and other stakeholders.