Dehradun, Sept. 10 -- Financial inclusion is the sine qua non of sustainable development. This is evident from the fact that 7 of the 17 United Nations Sustainable Development Goals (SDG) of 2030 identify it as a key enabler for achieving inclusive growth worldwide. The first step towards financial inclusion starts with banking the unbanked, as account ownership acts as a gateway to formal banking system.
Financial inclusion, therefore, requires deliberate and structured policy interventions to extend banking services to those historically left out. To turn the principle into practice, PM Modi's maiden address from the ramparts of Red Fort announced the Pradhan Mantri Jan Dhan Yojana (PMJDY), a scheme which was formally launched on 28 Augu...