FIANCIAL INCLUSION
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Introduction 
Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups.

Why We Need Financial Inclusion 

Need to achieve the growth of our country with equality.- Opportunity for Banks to increase their business.- Financial access will attract global market players to our country.



Steps towards Financial Inclusion

The Reserve Bank of India set up a commission named as Khan Commission in 2004 to look into financial inclusion.

The recommendations of the commission were incorporated into the mid-term review of the policy (2005–06).

In January 2006, the Reserve Bank permitted commercial banks to make use of the services of NGOs, SHGs, MFIs and other civil society organization as intermediaries .

To support the growth, a committee on FI was also formed in june 2006, to achieve a higher financial inclusion in the country.


Conclusion:
Financial inclusion is a great step to alleviate poverty in India. But to achieve this, the government should provide a less perspective environment in which banks are free to pursue the innovations necessary to reach low consumers and still make a profit.