Advancing Financial Inclusion in India: A Strategic Vision for 2024
New Delhi (India), January 31: In the wake of the challenges posed by the COVID-19 pandemic, last year’s budget laid the groundwork for robust financial inclusion initiatives in India, with a distinct emphasis on leveraging digital means. While strides have been made, scaling financial inclusivity remains a formidable challenge. The upcoming budget holds the promise of continuing the momentum, with a specific focus on the under banked and unbanked sectors. A fundamental goal for the fiscal year ahead should be the expansion of digital financial inclusion initiatives. This involves a multi-faceted approach, starting with the allocation of funds to fortify digital transactional platforms. Strengthening the security of these platforms is essential to build trust among users and encourage ...
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