Financial inclusion: Learn about the government's initiatives

Learn about the government's initiatives to extend financial services to the unserved and under-served population, such as PMJDY and ECLGS. Find out the details, eligibility, and benefits of these schemes. Financial Inclusion is the process of providing access to banking, credit, insurance, and payment services to all individuals and businesses, especially those underserved by the formal financial system. Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products. [2][3] It provides paths to enhance inclusiveness in economic growth by enabling the unbanked population to access the means for savings, investment, and insurance [4] towards improving ... Learn about financial inclusion, why it matters for economic growth, poverty reduction, and real-life examples like Jan Dhan Yojana and M-Pesa.