RBI website has material on financial literacy which is available in thirteen languages. In addition Reserve Bank has prepared some short films, cartoon literature, sixteen posters, which are aimed towards spreading financial literacy to the target group. And finally very soon more players would be coming in the banking sector.
Consequently, to generate increases in present inflation, it is necessary to increase inflation expectations. However, inflation expectations have been declining since the initiation of the PSPP. 3. Some positive evidence from QE  It is true that there is some encouraging evidence mainly from the M3 growth and the banking sector, such as the growth rate of loans.