‘Moneylenders as the BCs would be the best choice’
Second panel discussion
FINANCIAL INCLUSION: WILL A GOOD MISSION MEET A GOOD MARKET.
Community information centres could be seen as agents and channels of financial inclusion, S Sidhartha, secretary to the chief minister, said. “When we talk about the financial inclusion, we tend to limit it primarily to credit lending and borrowing. But today, when the economy is growing, and with it the aspirations of the people, we need to look at financial inclusion beyond the credit lending and borrowing stereotype,” he said. Community information centres, he pointed out, provide whole lot of services these days to the rural population and could be seen as agents and channels of financial inclusion. Also self-help groups that see a lot of economic activities like borrowing for seeds, fertilizers, setting up a poultry and dairy farm could be another important component of financial inclusion, he added.