Financial Inclusion in India in context of Inclusive Growth

Inclusive Growth can be achieved through financial inclusion. In India; Financial Inclusion is a national Priority as it is a facilitator for inclusive growth. To achieve the objectives of inclusive growth there is a need for resources; and for generation and mobilization of resources financial inclusion is required. It is an important indicator of economic growth. Financial inclusion through appropriate financial services can solve the problem of resources availability, mobilization and allocation. The objective of financial inclusion is to extent the scope of activities of the organized financial system to include within its sphere people with low income.

The present paper is an attempt to discuss the overview of financial inclusion in India, along with its significance in economic and social development of society in context with inclusive growth