Poverty is rampant across India, and something needs to be done. Through schemes like the Pradhan Mantri Jan-Dhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Swabhimaan Programme, etc. the Government of India has been trying to push 'financial inclusion'.
The poor need to be given access to bank accounts in order to safeguard their savings, get subsidies, direct cash transfers, better health insurance, set up businesses, pensions and mainly quality loans.
This would combat some of their biggest problems like education, employment, drought debts, agricultural irregularities, etc., giving them access to a better standard of living.
#Finance #Inclusion #India
