Understanding the Insinuable Role of Financial Inclusion and e-Financial Strategies As an Unparallel Approach for Poverty Alleviation and Building Inclusive Society

Authors: Chaturvedi, V., Kayande, P. and Pandey, H.

Volume: Part F4265

Pages: 21-39

DOI: 10.1007/978-3-031-67523-2_3

Abstract:

The sustainable development goals have become a comprehensive mirror for holistic direction for development, equity, and prudence in all spheres of environmental, social, economic, and political to act as a direction setter and savior for equanimous development and subside the challenges for humanity. The UN 17 SDG serves as a representation of addressing the most urgent issues of the whole world and calls for immediate action right from conserving natural resources, to removing inequalities, peace, and building a sustainable world. The present chapter focuses on and explains the evolution, relevance, and development of financial inclusion. It elaborates on different strategic and regulatory schemes and policies for the effective execution of financial inclusion along with the role of different stakeholders. It emphasizes cross-country adherence to financial inclusion. The chapter elaborates on the rising role of Fintech sector in catalyzing growth and boosting economic development through financial inclusion and various essential factors along with challenges in implementation.

Source: Scopus