RBI Governor Shaktikanta Das has launched a financial inclusion dashboard named ‘Antardrishti’ on June 5, 2023.
About Antardrishti
- The dashboard would provide the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data.
- This tool will also make it possible to assess the degree of financial exclusion at a local level across the nation so that such places may be addressed.
- The dashboard will further facilitate greater financial inclusion through a multi-stakeholder approach.
Financial Inclusion (FI) Index
- To measure the extent of financial inclusion, RBI had constructed the Financial Inclusion (FI) Index in 2021.
- The FI-Index was conceptualised as a complete index that includes information on the banking, investments, insurance, postal, and pension sectors.
- The FI-Index comprises of three broad parameters (weights indicated in brackets) viz., Access (35 per cent), Usage (45 per cent), and Quality (20 per cent) with each of these consisting of various dimensions, which are computed based on a number of indicators.
