The Reserve Bank of India (RBI) will publish the Financial Inclusion Index.
- The Financial Inclusion Index will be published annually in July for the previous financial year.
- According to RBI’s Governor Shaktikanta Das, Financial Inclusion has been a thrust area for the Government, RBI and other regulators, with significant progress made over the years.
- This index will be used to measure the extent of financial inclusion in the country.
- It will use various parameters and shall reflect the broadening and deepening of financial inclusion in the country.
- Financial Inclusion has been viewed as a key enabler for achieving inclusive and sustainable development worldwide.
(AIR)