About the Book: Financial Inclusion, Inclusive Growth and the Poor
The term financial inclusion means a comprehensive and holistic process of
ensuring access to financial services and credit by vulnerable and marginalized
groups in the society. Inclusive growth means broad-based benefits to all
sections of people. The Eleventh Five Year Plan (2007-12) envisioned inclusive
growth as a key objective. Indias Twelfth Five Year Plan (2012-17) with its
focus on Faster, More Inclusive and Sustainable Growth, has put the growth
debate in the right perspective. Growth is inclusive when it creates economic
opportunities, along with ensuring equal access to them. The concept inclusion
should be seen as a process