At the same time, too much of mandated programmes for financial inclusion with focus on meeting quantitative targets and the perception that financial inclusion drives are meant to be doling out government subsidy only could degenerate the programme to the likes of some of the populist measures without sustainable business proposition for the providers and receivers of financial services.
Hence, there is a need for careful planning and qualitative evaluation of these programmes. A specific case of concern is the growing fatigue in the SHG-Bank Linkage Programme, to which I turn now. Issues in the SHG Bank Linkage Programme (SBLP) 19. India introduced the SHG-Bank Linkage Programme (SBLP) more than two decades back on a pilot basis.