APSC Prelims and Mains Notes, APSC Test Series
Financial inclusion is the pursuit of making financial services accessible at affordable costs to all individuals and businesses, regardless of net worth and size, respectively. Financial inclusion strives to address and proffer solutions to the constraints that exclude people from participating in the financial sector. It is also called inclusive financing. Government has launched various … Read more
Financial inclusion has been recognised as a key building block which will form the foundation for achieving several of UN’s Sustainable Development Goals. As a construct, it provides much more than access to financial services. In a country like India, till a few years ago, a bank account was a source of pride. If properly … Read more
Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide … Read more
Financial inclusion is described as the method of offering banking and financial solutions and services to every individual in the society without any form of discrimination. It is done to bring majority of stakeholders under the net of financial security. Benefits of Financial inclusion: Access to Financial services enables the poorest and most vulnerable in … Read more