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e-Financial Strategies as a Catalyst for Poverty Alleviation and Financial Inclusion

  • Ipseeta Satpathy,
  • Arpita Nayak,
  • Sukanta Kumar Baral,
  • Majidul Islam,
  • B. C. M. Patnaik

摘要

Financial initiatives such as digital financial inclusion and inclusive finance are critical in increasing financial inclusion and alleviating poverty. These policies attempt to enhance the availability and use of financial services, which can significantly assist reduce poverty. Inclusive finance is critical for economic growth and social development since it focuses on establishing universal and helpful financial systems. As part of the Internet plus paradigm, the growth of online finance has become a national policy and a constructive force for targeted poverty reduction. Inclusive financial development, particularly when financial institutions offer services to the working-age population in rural regions, can successfully alleviate multidimensional poverty. This study aims to give an overview of the importance of e-financial strategies in alleviating poverty and financial inclusion.