INCLUSIVE OR EXCLUSIVE GLOBAL DEVELOPMENT? SCRUTINIZING FINANCIAL INCLUSION

  Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way. IGIDR entrance coaching at Deep School of Economics is an institute providing Economics education focusing on competitive exams in India. Courses are currently provided for  UGC NET- Economics and Masters entrance exams such as DSE, ISI, IGIDR, TISS, TERI.   Financial inclusion has been high on the agenda for policy-makers over the past decade, including the G20, international financial institutions, national governments and philanthropic foundations. According to Bateman and Chang, it’s the international development community’s most generously funded poverty reduction policy. But what lies behind the buzzword? How can the two quotes above portray such starkly opposing views? Financial inclusion has been ...