Financial Inclusion: A Road India Needs To Travel (With Special Reference to Bhopal City) | Original Article

ABSTRACT:

Every country has a financial integral strategy in order to build its financial sector comprehensively and sustain its condition consistently for several years. The strategy also works towards strengthening the financial system of the economy whenever there are fluctuations in the financial market.  Financial Education, Financial Inclusion and financial stability form the three main elements of the financial strategy of a country. Inclusive Growth and development on a nation is determined by the level of its financial Inclusion. When the financial products and services are available to the weal sections of the society at a cost effective and transparent manner it is termed a financial Inclusion. The Government of India and the Reserve Bank of India has been making concerted efforts to promote financial inclusion as one of the important national objectives of the country. This paper though a financial inclusion survey on 150 respondents attempts to enlist the factors that encourage financial inclusion.