Topic > Theoretical Context of Financial Inclusion in India

So that they too can enjoy these services and feel proud of being Indian. When the underprivileged people will be included in the financial inclusion plan, their standard of living will increase and they will try to save money in banks and get loans at affordable rates. No one can take advantage of the poor, including farmers. Banks do not do any discrimination for all the citizens of the country, so it is the duty of the government and especially the banks to bring the people under the roof of the banking system. The graph will explain how people who do not have an account can be attracted to the banking sector: Government support organizes financial literacy camps these camps are nothing but a place where people from the village are invited to listen to the speech given by the expert of the bank describing the banking facilities and services and how they can get benefits from the banks what are the schemes available for farmers, also daily betting and schemes available for women, all the information is provided to the local people in the regional language in a manner that they can understand better. After that, when people are satisfied, they go to branches and open accounts or BC go door to door in villages and open