Financial Inclusion Growth and Governance

This book highlights the importance of Financial Inclusion Growth and Governance, inalienably linked to each other and integral to fostering financial stability. Rapid Financial Inclusion will lead India to a trajectory of exponential economic growth with Equity allowing India to take its rightful place in the comity of nations and to take a leadership role in South and South East Asia and the world. This is a collection of speeches and writings of the author which explore in depth the subject of Growth and Governance Financial Intermediation for all especially for women and the weaker, and most vulnerable sections. This insightful and analytical book explores the many facets of the multiplier effect on economic growth which the possession of a Bank account and of being linked to mainstream financial institutions can have on the weak and vulnerable sections of society. It shows how this will help the poor, the weak, the vulnerable and the under served, build financial capability by accessing saving, credit, remittance, Insurance, and Transaction facilities at reasonable costs from the financial system, leading to sustainable, scalable, income generation allowing them to work their way out of poverty. It explores the moral and economic arguments for financial Inclusion which are both equally compelling. The book showcases the macro policies which have driven Financial Inclusion and brings out the importance of the Prime Ministers Jan Dhan Yojana as an effective delivery model. It explains how financial intermediation for the masses will help unleash the forces of economic growth. This book addresses an issue which has high priority on the National Agenda and will be a valuable source of reference on the subject for Economists, bankers, policy makers, teachers, civil society, multi lateral institutions engaged in development, civil servants, researchers, analysts, social scientists, and the thinking person. With this book the author has made another substantive contribution to the field of development economics.