Financial inclusion has witnessed extraordinary investments and efforts from a variety of stakeholders in India over the past two years. There is however, a need to step back and objectively assess several vital measures that have been undertaken in recent times, together with the announcements in the 2012 budget speech, and the impact thereof. This Policy Note discusses these and the many other announcements on policies and guidelines that have accelerated the pace of reforms around financial inclusion over the last 6 months.

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