Moving Beyond Barriers

This book provides a comprehensive analysis of financial inclusion in India, blending empirical analysis with policy evaluation. It showcases the remarkable progress achieved through various financial inclusion initiatives in India, most notably through the Pradhan Mantri Jan Dhan Yojana (PMJDY), while also addressing the challenges that persist. Drawing on unit-level data from multiple rounds of the NSSO-Debt and Investment Survey, the book offers a rigorous assessment of four core components of financial inclusion: savings, credit, insurance, and remittances. This analysis is further enriched by data from the Reserve Bank of India and the Global Findex, providing a well-rounded analysis. By offering nuanced insights into India's financial inclusion journey, this work serves as a valuable resource for policymakers, researchers, development practitioners, and students working in the domain of financial inclusion.