Speed Post News Network

New Delhi : Union Minister for Finance and Corporate Affairs Arun Jaitley on September 25, 2018,  launched the Financial Inclusion Index after his Annual Performance Review Meeting with CEOs of the Public Sector Banks in New Delhi the same day.

Department of Financial Services (DFS), Ministry of Finance, will release an Annual Financial Inclusion Index (FII) which will be a measure of access and usage of a basket of formal financial products and services that includes savings, remittances, credit, insurance and pension products. The index will have three measurement dimensions; (i) Access to financial services (ii) Usage of financial services and (3) Quality, according to a PIB release.

The single composite index gives a snap shot of level of financial inclusion that would guide Macro Policy perspective. The various components of the index will also help measure financial services for use of internal policy making. Financial Inclusion Index can be used directly as a composite measure in development indicators. It enables fulfilment of G20 Financial Inclusion Indicators requirements. It will also facilitate researchers to study the impact of financial inclusion and other macro-economic variables.

14 thoughts on “Jaitley launches Financial Inclusion Index”
  1. … [Trackback]

    […] There you can find 52104 more Information to that Topic: thespeedpost.com/jaitley-launches-financial-inclusion-index/ […]

  2. My brother suggested I would possibly like this web site.
    He was once totally right. This submit truly made my day.
    You can not imagine just how a lot time I had spent for this information! Thanks!

  3. Have you ever considered about including a little bit more than just your
    articles? I mean, what you say is important and all.
    However think of if you added some great visuals
    or video clips to give your posts more, “pop”! Your
    content is excellent but with images and video clips,
    this website could certainly be one of the best in its field.
    Fantastic blog!

  4. whoah this blog is great i love reading your posts. Stay up the great work!
    You realize, lots of persons are looking round for this info, you
    can aid them greatly.

  5. Hey! Someone in my Facebook group shared this website with us so I
    came to look it over. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers!
    Outstanding blog and excellent design and style.

  6. Hey I know this is off topic but I was wondering if you knew
    of any widgets I could add to my blog that automatically tweet my newest twitter
    updates. I’ve been looking for a plug-in like
    this for quite some time and was hoping maybe you would have some experience with
    something like this. Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward to your new updates.

  7. … [Trackback]

    […] Read More here on that Topic: thespeedpost.com/jaitley-launches-financial-inclusion-index/ […]

Leave a Reply

Your email address will not be published. Required fields are marked *