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CHALLENGES IN THE WAY OF FINANCIAL INCLUSION: A STUDY OF PRADHAN MANTRI JAN DHAN YOJANA

    1 Author(s):  AJAY PAL SINGH

Vol -  8, Issue- 2 ,         Page(s) : 191 - 197  (2021 ) DOI : https://doi.org/10.32804/IRJMSI

Abstract

Inclusive development means including everyone in the process of development. The essential objectives of inclusive growth are reduction in poverty and disparities of income and ensuring the minimum standard of living for every individual developed financial market contributes to poverty reduction. It has a direct influence on the country's 'economic growth and inclusive development.' The financial market would be considered developed when every section of the society equally and easily access the financial services. Hence, financial inclusion becomes essential for inclusive development.

Bhatt, R. (2017). Augmenting Financial Inclusion Through Pradhan Mantri Jan Dhan Yojana. International Journal of Management and Applied Science, 3 (9), 22-24.
Bijoyata, Y., & Oveis, P. M. (2016). The Game Changer Pradhan Mantri Jan Dhan Yojana (PMJDY) – Progress and Strategies to Make it a Success. IRACST – International Journal of Commerce, Business and Management (ICBM), 5 (1), 117-123.
Carbo, S., Gardener, E. P. M., & Molyneux, P. (2005). Financial exclusion. England: Palgrave MacMillan. 

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