Research Journal of Humanities and Social Sciences

  • Year: 2019
  • Volume: 10
  • Issue: 2

Basic Income and Financial Inclusion

1HOD Commerce, Govt Naveen College, Birgaon, Raipur

2Assistant Professor, Agrasen Mahavidyalaya, Purani Basti, Raipur

Abstract

At present the basic income and financial inclusion In India has become one of the most signification concern A nation growth and development depends on its banking system which can be boost up this recent paper attempts to understand the concept of UBI and financial inclusion and critically evaluate the efforts initiated tow anal its implementation and highlights issues and challenges of UBI the steady is bossed an purely from the secondary sources. the study reveals that UBI will boost up financial inclusion in India and it will help in poverty alleviation The study concludes by an observation that that transfer of cash will live the many poor's bank account and they will able to access the financial services such as Insurance. Saving and remittance etc.

Keywords

Universal basic income, Poverty, Financial Inclusion, Savings, Social Structure