Financial inclusion or inclusive financing is the delivery of financial products, at affordable costs to sections of disadvantaged and low-income segments of society. It is in contrast to financial exclusion, where those services are not available or affordable.As per United Nations, the goals of financial inclusion is, to ensure access to a full range of financial services, at a reasonable cost, to ensure continuity and certainty of investment.India: RBI set up the Rangarajan Committee in 2004 to look into financial inclusion.Financial inclusion first featured in 2005 when Mangalam became the first village in India where all households were provided banking facilities.
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