Before proceeding on financial inclusion it is important that we map and identify who are India’s financially unincluded. Currently, in India there is an overdrive on financial inclusion with both the Prime Minister.
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 current ecosystem of internet and mobile phones is creating a huge level playing field. Information is reaching the base of the pyramid and their exposure to various media on how the world lives and thinks is immense.
The Central Government spends large amounts of funds on irrigation schemes as also states like Maharashtra spends significant amount of funds on irrigation and farmer support schemes.