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Linking Financial Inclusion With Sustainable Development
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Author(s): Manisha Semwal (KL Educational Foundation, India), Megha Sharma (GB Pant National Institute of Himalayan Environment, India), Atul Dhyani (HNB Garhwal University, India)and Ramesh Chandra Dangwal (HNB Garhwal University, India)
Copyright: 2024
Pages: 14
Source title:
Utilizing Technology for Sustainable Resource Management Solutions
Source Author(s)/Editor(s): Kuldeep Singh (School of Management, Gati Shakti Vishwavidyalaya, Vadodara, India), Richa Singh Dubey (Motilal Nehru National Institute of Technology Allahabad (MNNIT) Allahabad, India), Douglas W.S. Renwick (Nottingham Business School, Nottingham Trent University, UK)and Rohan Crichton (David D. Reh School of Business, Clarkson University, USA)
DOI: 10.4018/979-8-3693-2346-5.ch014
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Abstract
The core of financial inclusion is providing all people and companies with affordable official banking services. Financial inclusion guarantees that consumers and companies in the formal financial sector have the option of simple and low-cost financial services. The purpose of this chapter is to look at the relationship between financial prosperity and long-term development in developing nations. Financial inclusion, according to the findings, increases the degree of sustainable development and provides a solution to many social concerns in developing countries. Several examples and models are used in the study to highlight the relationship between financial inclusion and long-term growth. This work adds to the current body of knowledge of information by looking into the relationship between financial inclusion and sustained advancement in emerging nations.
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