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CONOMIC GROWTH AND FINANCIAL INCLUSION IN INDIA: AN ANALYSIS
'Inclusive growth' is a little more than just the benefits of growth being distributed equitably and evenly; it is the participation of all sections and regions of society in the growth story and their reaping the benefits of growth. In India, growth with equity has been the central object...
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| Format: | Journal Article |
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Abhigyan
2010
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| LEADER | 02231nam a22001337a 4500 | ||
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| 999 | |c 119792 |d 119792 | ||
| 100 | |a Shrawan Kumar Singh |9 46704 | ||
| 245 | |a CONOMIC GROWTH AND FINANCIAL INCLUSION IN INDIA: AN ANALYSIS | ||
| 260 | |b Abhigyan |c 2010 | ||
| 300 | |b Vol 28 No. 2 (July - September 2010) | ||
| 520 | |a 'Inclusive growth' is a little more than just the benefits of growth being distributed equitably and evenly; it is the participation of all sections and regions of society in the growth story and their reaping the benefits of growth. In India, growth with equity has been the central objective right from the inception of the planning process. Accordingly, over the years, initiatives have been taken continuously to address the issue of inclusive growth. The Eleventh Five Year Plan (2007-12) re-emphasised the need for a more inclusive growth in order to ensure that the per capita income growth is more broad-based. The farming, micro, small and medium enterprises have immense potential to play a critical role in achieving the objective of faster and more inclusive growth as these sectors contribute to output and employment generation in a significant way with capacity to expand regionally diversified production and generating widely dispersed off-farm employment. For the sake of analysis, the paper has been organized into following sections: Section I provides the concept; Section II is devoted to why inclusive growth? Financial inclusion for inclusive growth is presented in Section III; Sector IV discusses financial sector policy and regulatory framework in India for inclusive growth; Section V presents three cases of financial inclusion; Section VI highlights factors for making financial inclusion a success; Section VII analyses Eleventh Plan's objective of overall inclusiveness; and finally, Section VIII concludes with a view that one cannot leave things to markets, the government has to play an active role. The financial inclusion could no longer be treated just as an out-reach or social development programme instead, it should be treated as a successful business model. | ||
| 650 | |a INCLUSIVE GROWTH |9 29001 | ||
| 942 | |c JA | ||
| 952 | |0 0 |1 0 |4 0 |7 0 |9 116547 |a MGUL |b MGUL |c JA |d 2016-11-26 |l 0 |r 2016-11-26 |w 2016-11-26 |y JA | ||