Through these series, Sachin Karpe will talk about financial inclusion and why it is important for farmers in India.
About 51 % population in this country is employed in agriculture which contributes only 14% of GDP. This low growth has happened due to ailing financial credits to farmers who have been unable to upgrade productivity of their lands, tells Sachin Karpe. With heavy dependency on monsoon, farmers usually end up earning the major chunk during certain seasons. Many farmers own lands which is less than 2 acres where any kind of modernization becomes difficult. These are some of the most common issues faced by farmers in India. Sachin Karpe advocates financial inclusion because financial inclusion, which enables farmers to get easy credit, will let farmers make their land fertile and increase productivity which will in turn benefit India’s economy and boost agricultural growth.
- The Synergy of Financial and Energy Inclusion (100millionideas.org)
- BSE crosses 20k again (karpesachinn.wordpress.com)
- Financial Inclusion 2.0: India’s Business Correspondents (cgap.org)
- country bank (telegraphindia.com)
- RBI Sets Up Panel to Create a Financial Inclusion Plan (thinkingforgood.org)
- Financial inclusion (subhransu89.wordpress.com)
- A German-Indian study suggests that financial inclusion eludes large sections of backward caste migrants into Gujarat (counterview.org)