This paper is published in Volume 4, Issue 1, 2019
Kamakula N. Murthy
St. Josephs College for Women (Autonomous), Visakhapatnam, Andhra Pradesh, India
Pub. Date
16 January, 2019
Paper ID
Financial Inclusion, Globel Findex, Crisil Inclusion, Reserve Bank Of India, Government Of India


Kamakula N. Murthy. Financial inclusion “Integrating India with the world”, International Journal of Advance Research, Ideas and Innovations in Technology,

Kamakula N. Murthy (2019). Financial inclusion “Integrating India with the world”. International Journal of Advance Research, Ideas and Innovations in Technology, 4(1)

Kamakula N. Murthy. "Financial inclusion “Integrating India with the world”." International Journal of Advance Research, Ideas and Innovations in Technology 4.1 (2019).


Around the world, 1.7 billion adults remain financially excluded and roughly 70% of the world poor lives in middle-income countries, including India. India regards 6th largest in terms of nominal GDP and 3rd in Purchasing power parity and one of the fastest growing economies in the world. Despite India boasting economic growth rates higher than most developed countries in recent years, a majority of the country’s population are the part of financial exclusion. Towards faster financial inclusion, the financial institutions have to recognize and encourage taking up larger responsibilities on domestic and global levels. Finance and finance related institutions have a very crucial and a wider role to play in fostering financial inclusion. The policy makers will bring the possibilities and uplift the poor through the process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights know as empowerment. The paper is organized in two sections, first presents the financial inclusion status of India with help of Global index data, Crisil inclusix index and Reserve bank of India. Then the next section followed by the government initiated schemes such as Pradhan Mantri Jan Dhan Yojana, Insurance Schemes, Mudra Yojana, Make in India and Digital India, to boost up financial inclusion among the working-age population and integrate India with the world.
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