Digital Financial Services (DFS): An invigorating fuel for Financial Inclusion in India

TITLE	Digital Financial Services (DFS): An invigorating fuel for Financial Inclusion in India
ABSTRACT	All sections of society, especially the unprivileged and less fortunate, have an equal right to get access to easy and affordable financial services. The goal of financial inclusion can be achieved by reducing income inequality. Technological advancement in the modern economy has revolutionised the financial system through technology. Intensification of technology-driven ‘Digital Financial Services’ (DFS) has empowered financial inclusion in the country. Technology advancement, new generation involvement, improved financial literacy, and responsible government initiatives have contributed to the growth of digital financial services. The present paper attempts to throw light on the recent growth in DFS and its impact on financial inclusion. It also discusses the key issues and scope of DFS in achieving the goal of financial inclusion.
AUTHOR	Anukriti Sharma, Dr. Shaifali Mathur Research Scholar, (IIS deemed to be University), Jaipur, India Sr. Assistant Professor, Department of Financial Studies, (IIS deemed to be University), Jaipur, India
VOLUME	12
ISSUE	6
PDF	6_Digital Financial Services (DFS) An invigorating fuel for Financial Inclusion in India.pdf
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