SUITABILITY OF BUSINESS CORRESPONDENT （适用性的商业记者）.pdf

SUITABILITY OF BUSINESS CORRESPONDENT MODEL FOR FINANCIAL INCLUSION IN SLUMS IN MUMBAI by Dr. (Mrs.) Shobana Vasudevan R. A. Podar College of Commerce Economics Mumbai 2008–09 1 INTRODUCTION 1.0 INTRODUCTION since 2004 for enhancing FI in India. Majority of them concentrated on rural poor. The urban poor have been left Financial inclusion (FI) means and includes delivery of financial services at an affordable cost to the vast sections out despite rural urban migration on a large scale. Efforts for complete FI would remain incomplete until the problems of of the disadvantaged and low-income groups in a given society. Access to finance by the poor and vulnerable groups urban financial exclusion are adequately addressed. is a prerequisite for achieving inclusive growth in any given Presenting the level of FE amongst urban poor with special economic system. Economies world over try varied methods reference to slum dwellers and suggesting few measures for and mechanism to achieve this end. Their experiences are so enhancing FI are the points to be deliberated in this report. different from each other that they provide valuable reference After quoting few accepted definitions of FI in paragraph points and help as practical examples.