Financial inclusion and social change

Description

Financial inclusion is expected to make significant changes in the economy, especially the rural economy, which is expected to witness a revolution in availability of financial instruments mainly because of PMJDY, gold monetization scheme and MUDRA. The DBT which will operate through the banking system will also ensure regularity of flow of liquidity in households and therefore opportunities for investment

Publication Date

1-1-2015

Publication Title

Yojana

Publisher

Ministry of Information and Broadcasting

Keywords

Financial inclusion, Social change, Banking revolution, Economic change, Rural economy, DBT, Direct Benefits Transfer

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