CEA Highlights Economic Growth as Key to Sustainable Financial Inclusion

Chief Economic Adviser V Anantha Nageswaran stated that economic growth is the most sustainable form of financial inclusion, as it naturally encourages people to enter the financial system through job creation, income growth, and market development. Speaking at the Global Inclusive Finance Summit, he emphasized that finance should complement real economic activity, enabling individuals to transition from survival to more productive operations. He also urged banks to integrate borrowers from government credit schemes into core portfolios and called on investors to accept lower financial returns for social impact.