Financial Inclusion as a Goal For Development
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Transcript of Financial Inclusion as a Goal For Development
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DEVELOPMENT THEORY & EXPERIENCE
PROJECT REPORT
FOR YEAR 2012-13
Title
‘ Financial Inclusion’ As a Goal for
Development-
‘ A Case for India’
Submitted by:
Roll No. Student’s Name
1 ATIN GUPTA
8 MANIK BATRA
36 PRIYESH JAIN
301 SIDDHARTH LAKHANPAL
369 VIKRAM CHHABRA
ACKNOWLEDGEMENT
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We would like to express our gratitude to all those who gave us the opportunity to complete this
project. Firstly, we would like to thank, The Department of Economics, amjas !ollege, "ew
Delhi for giving us the permission to commence this project under its am#it, to do the necessary
research work and to use the departmental data.
We would furthermore like to thank Dr.$ihir %andey, our supervisor who gave us permission
and encouraged us to go ahead with our project. We are deeply inde#ted for his help, stimulating
suggestions and encouragement all the time during research and completion of this project.
&ast, #ut not the least, we would like to thank our colleagues who provided us with creative ideas
and suggestions during the course of the project.
Date ' (nd )pril *+(
!ollege' amjas !ollege
%lace' -niversity of Delhi, Delhi
Summary
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Table of ContentsI. Introduction............................................................................................................. 1
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a) What is Financial Inclusion?...............................................................................1
b) Role of Financial Inclusion in Development.......................................................2
c) Barriers to Financial services in Developing countries......................................
II. Financial Inclusion and development! "heoretical #bservations............................$
III. %olic& Response to Financial '(clusion *ountr& '(periences..............................+
a) ,oluntar& *harters and *odes of %ractice.........................................................-
b) egislation........................................................................................................./
I,. Financial Inclusion in India.....................................................................................0
,. the Road ahead for India! Issues and *hallenges.................................................1+
,I. *onclusion........................................................................................................... 1/
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I. Introdut!on
a)What is Financial Inclusion?A World Ban 'e5&'% $%!%e$- :i!"i!# i"#($i&- &' ,'&!/ !""e$$ %& fi!"i!# $e'.i"e$- i$
/efie/ !$ %he !,$e"e &f 5'i"e &' &45'i"e ,!''ie'$ i %he ($e &f fi!"i!# $e'.i"e$2; The 'e5&'%
$%'e$$e$ %he /i$%i"%i& ,e%ee !""e$$ %&; !/ ($e &f; fi!"i!# $e'.i"e$ !$ i% h!$ i*5#i"!%i&$
f&' P&#i") *!7e'$2 A""e$$; e$$e%i!##) 'efe'$ %& %he $(55#) &f $e'.i"e$- he'e!$ ($e i$
/e%e'*ie/ ,) /e*!/ !$ e## !$ $(55#)2 A*& %he &4($e'$ &f f&'*!# fi!"i!# $e'.i"e$ !
"#e!' /i$%i"%i& ee/$ %& ,e *!/e ,e%ee .&#(%!') !/ i.&#(%!') e@"#($i&2 The 5'&,#e* &f
fi!"i!# i"#($i& !//'e$$e$ %he i.&#(%!'i#) e@"#(/e/; !$ %he) !'e %he &e$ h&- /e$5i%e
ee/i fi!"i!# $e'.i"e$- /& &% h!.e !""e$$ %& %he*2 NABARD0092 Financial nclusion /
an overview
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b)Role of Financial Inclusion in Develo!ent
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II. "!nan!al Inlus!on and de#elo$%ent
T'eoret!al Obser#at!ons
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