Financial Inclusion Will Be a Big Growth Driver - Chart Of The Day 25 January 2019 - Equitymaster

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Financial Inclusion Will Be a Big Growth Driver
Jan 25, 2019

Financial inclusion is an important element of economic growth because it enables individuals and businesses to access financial products that meet their needs.

As mentioned earlier, the reform that the Prime Minister Modi introduced - the opening of Jandhan accounts - was a big positive for India.

The opening of these accounts helped increase the number of savings and current accounts in the country.

And this trend is not done. It will play out in the coming years too.

Data Source: RBI,

This Chart Of The Day was published in The 5 Minute WrapUp - The One Big Program of Prime Minister Modi that Will Transform India

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