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IMPACT OF FINANCIAL INCLUSION ON THE GROWTH OF INDIAN ECONOMY

Chetan Dudhe
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Chetan Dudhe: University of Debrecen, Hungary, Department of Economics and Business

Network Intelligence Studies, 2021, issue 17, 49-56

Abstract: The 2017 Financial Inclusion emerges as a new economic growth model, which plays a major role in removing poverty in the country. Financial inclusion indicates the distribution of public banking services. It is affordable for people with advantages due to terms and conditions. The government of India can reduce the gap between rich and poor people. In the current situation, there are pillars of financial institutions development, economic growth and economic development. It is a current study of the impact of economic growth over ten years and financial inclusion. This article uses secondary data, which has been analyzed as the main statistical tool for multiple regression models.

Keywords: GDP; Poverty; Financial Inclusion; Economic Growth (search for similar items in EconPapers)
JEL-codes: G21 G23 (search for similar items in EconPapers)
Date: 2021
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