A Study of Evaluating The Awareness and accessibility of Financial inclusion Schemes

Abstract

Financial inclusion refers accessibility of financial services by citizen of the country irrespective of their income levels. Financial inclusion is playing significant role for the devolvement of a country.  To encourage unbanked and underbanked people to have access to banking and financial services, the government has implemented a number of financial inclusion programs over the years. The objective of this research paper is to present a thorough evaluation and analytical assessment of the suitability of financial inclusion initiatives in India. This research paper aims to studies the awareness and accessibility of financial inclusion scheme in India. The study examines government initiative, concepts and approaches and ground level difficulties for implementation of existing schemes.  The present study is based on the data collected from the schemes beneficiaries and secondary data of the RBI reports, existing literature and schemes performance report. Awareness of the financial inclusion schemes is the key parameter of to reaching out with the unbanked population.