Abstract
The development of financial inclusion policy and a comparative role of various financial institutions depend on the ideology of the state. The policy of financial inclusion is not a stand-alone policy. It works in tandem with the monetary and financial sector policies at macro-level. In federal countries like India, the relationship dynamic between the central government and the state governments determines the regional development of inclusive finance. The role of government in the inclusive finance policy is pivotal in giving it a new direction.
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Notes
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Findings from a field survey of SHGs in South India by authors (2019).
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Kulkarni, L., Joshi, V.C. (2021). Role of Government in Inclusive Banking in India. In: Inclusive Banking In India. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-33-6797-5_6
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