Normative perspectives on financial inclusion

Facts beyond statistics

Bibliographic Data

ID12705296
AuthorsGeorge Varghese (0000-0003-0244-8653, Institute for Financial Management and Research (IFMR) Sri City, Satyavedu Chittoor (District), AP India, corresponding author), Lakshmi Viswanathan (0000-0003-4015-6846, Institute for Financial Management and Research (IFMR) Sri City, Satyavedu Chittoor (District), AP India)
Year2018
Volume18
Issue4
Publication date2018-05-27
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Public Affairs (JOURNAL)
Journal identifiersISSN: 1472-3891 • E-ISSN: 1479-1854
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pa.1829
OpenAlexW2806560791
LanguageEN
Citations received4
References cited8

The paper is an attempt to understand and differentiate the significance of financial inclusion in the context of India wherein a large population is deprived of financial services, which are very much essential for an overall economic and inclusive growth. The paper discusses the problem of financial exclusion and the socioeconomic impact of financial inclusion on the underprivileged. We go a step further through a normative discussion of India's journey so far in this respect and highlight the impediments to financial inclusion. The paper also suggests a few critical dimensions that are to be taken care of so as to accelerate deep‐rooted penetration of financial services

Actuarial science · Context (archaeology · Development economics · Economic growth · Economics · Financial inclusion · Financial services · Geography · Inclusion (mineral · Normative · Political science · Population · Positive economics · Social science · Socioeconomic status · Sociology · Banking stability, regulation, efficiency · Demography · Financial Literacy, Pension, Retirement Analysis · Law · Microfinance and Financial Inclusion · Finance

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