These facts uphold India’s position as a pioneer and an innovator for many years for a range of financial access initiatives. 23. Globally, about 38 per cent of the adult population has no or very limited access to formal financial services. This makes a strong case for poor households to penetrate the boundary of formal finance.
The National Development Plan  The National Development Plan (the Plan) offers us some hope in this regard, with its central focus being the elimination of unemployment, poverty and inequality by 2030.