With over 900 million mobile subscribers, India has a significant opportunity to leverage the power of mobile phones to accelerate the pace of financial inclusion. The digital ecosystem in India in the form of JAM (Jan Dhan, Aadhar & Mobile) will play an important role in deepening financial inclusion. However, majority of digital inclusion initiatives & efforts are towards transfer of subsidies and less on motivating and educating the people to familiarise themselves to mediums such as mobile phones to help facilitate better understanding of various financial products such as savings, credit / loans, payments, life insurance, animal insurance, crop insurance, etc
Empower Our India has good understanding of telecom and banking sector and the need for more and more overlap as digital inclusion will play a catalytic role in driving both financial and social inclusion.
