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A RESEARCH PAPER ON ROLE OF GOVERNMENT IN fiscal INCLUSION Submitted By: Hemali Shah (MPM: 2nd Semester) ABSTRACT: financial comprehension means a group of people should take expound in increase activities and help to increase economic growth of the realm. We cannot say that monetary growth has been achieved by opening a bank account, granting huge loan to a single somebody and closing the account. First, many people have to open an account in a bank, save money regularly so that loans to needy people may be granted on regular basis. It is a process ensuring easy access and enjoyment of monetary system for the rich and suffering in the country. The Indian authorities wishes that the poor people should be benefited by financial inclusion. They have to be given loans for trading activities or salaried back the loan from money lenders. The Reserve Bank of India permits for financial inclusion by allowing banks to grant loan to non-registered bodies, subject to accredited norms. The Government needs to take on a leadership role and focus the attention of the financial services labor and community-based financial institutions on this issue.

Promoting financial inclusion requires action by a range of Government departments, including those involved in tackling poverty, protect consumers and promoting employment and economic growth. Promoting financial inclusion needs to be a key part of the Governments general agenda to promote financial inclusion. The Government of India has decided to put together up a National Mission on Financial Inclusion (NaMFI) to promote inclusive growth in the country through universal access to finance by the poor and vulnerable groups within a specified time frame. Government has also provided Financial Inclusion fund. Objectives: To make people awake(predicate) about what the Financial Inclusion is all about. To give acquaintance about what the government is doing for our country related to financial inclusion. To get about the...

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