Govt disbursed INR 192 bln under Financial Inclusion Fund in FY25
This story was originally published at 15:52 IST on 21 July 2025
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NEW DELHI – The government disbursed INR 191.58 billion in 2024-25 (Apr-Mar) from the Financial Inclusion Fund, which provides support to banks to expand financial services in underserved areas, Minister of State for Finance Pankaj Chaudhary said Monday. The disbursement in FY25 was slightly lower than the INR 192.59 billion given in FY24.
Since FY21, the government has disbursed INR 832.10 billion under the fund to deepen financial inclusion in the country. "This funding helps improve banking infrastructure, promote digital literacy and supports innovative models that enhance access to formal financial systems, thereby deepening financial inclusion across India," Chaudhary said in a written reply to the Lok Sabha. End
Reported by Shubham Rana
Edited by Akul Nishant Akhoury
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