Financial Inclusion Through Microfinance-Health Insurance In India

Essay specific features

 

Issue:

Business

 

Written by:

Brenda S

 

Date added:

October 17, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 839

 

Was viewed:

2913 times

 

Rating of current essay:

 
Essay content:

But there is a need to strengthen the SHG-Bank Linkage Programme to fully mainstream it with the commercial banking system. The programme is scaling up at a rapid pace in South India, while the progress in other regions is slow. The variations in performance across the regions, both in terms of reach and quality needs immediate attention...
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In other words, financial literacy is critical for financial inclusion. The vulnerable situation faced by the poor like irregular employment, unemployment, seasonality, illiteracy and growing trend of globalization also throw challenges for financial inclusion of poor. It is clear from the above that access to affordable financial services by the poor is a serious issue...
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