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Of self-help groups and financial inclusion in poverty reduction June 9, 2021, 4:38 PM IST T S Haokip is a former development professional who has served as a consultant in the Ministry of Rural Development, Government of India. He is a freelance writer and has contributed to various leading Newspapers and Magazines in various State, Regional and National Dailies/Magazines. He has published a book titled HILLY DREAMS LESS. MORE Financial inclusion, in its narrowest connotation, is generally presumed as an endeavour that provides people, especially those in the hitherto un-banked region, a bank account. However, that mere possession of a bank account cannot bring wonders, in addition to the fact that the same is incomplete to define the intended meaning of financial inclusion. What is critical is the facilities endowed to the individuals having a bank account. The Direct Cash Transfers have considerably controlled the leakage of funds meant for targeted beneficia

Pudupu sangamsPradhan mantri jan dhanNational rural livelihood missionMinistry of rural developmentSociety for elimination of ruralGovernment of india departmentNet bank creditDirect cash transfersAndhra pradeshNational rural livelihoodRural developmentSelf helpPublic sector banksAnnual net bank creditIndirect benefitsIndia blog