Financial Inclusion: Triggers and Barriers in Rural India
Ms Tina Sachdeva* & Dr. Smita Gupta**
Journal Title:International Journal of Multidisciplinary Approach & Studies
Growth with equity is the main objective of Financial Inclusion. Poverty is not only inadequate income, but somewhat the absence of extensive range of capabilities, including security and competence to participate in economic and political systems. Financial Inclusion emphasizes on delivery of financial services at a reasonable cost to the huge vulnerable sections of society. Banks and other financial service players are largely expected to moderate the supply side constraints that prevent poor and underprivileged groups from gaining access to the financial system.