Digital financial inclusion in India

Abstract

Digital financial inclusion is one of the innovative and effective mechanisms which help to provide financial services to unreached and uncovered people in the country. Providing financial services to the needs people is a part of financial system of the country that promotes socio economic developments. Therefore, there is a need of understanding the impact of financial inclusion in India with respect to the application of modern communication technology. The present paper made an attempt to discuss the financial inclusion with respect to Pradhan Mantri Jan-Dhan Yojana scheme and Direct Benefit Transfer schemes.