A lot of initiatives were thought out, and many of them were implemented; but a major lacuna in the drive towards financial inclusion earlier was the fact that very few of the poor had bank accounts, notes Shubhashis Gangopadhyay. In his Independence Day speech, the new prime minister talked about financial inclusion. This was not new. We have been hearing about financial inclusion (or corresponding phrases) ever since bank nationalisation was undertaken in 1969. Since then, reams of papers and ... Rediff.com, 2 weeks ago
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