It is therefore befitting that a summit to deliberate on financial inclusion is being organised at this juncture and I commend the organisers for the same. 2. The overarching principle behind India’s journey towards financial  inclusion is echoed in the Gandhian philosophy: “Sarvodaya through Antyodaya – Welfare of all through the upliftment of the weakest”.
With no precedent in recent history to learn from, it has highlighted the importance of finding appropriate policy responses required to address the shock. The unusually large supply and demand imbalances we witnessed during and post the pandemic were a result of the sudden restrictions (and consequent relaxation) of economic activity as authorities around the world sought to contain the spread of the pandemic.