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        <h1>Union Budget 2011-12 Boosts Financial Inclusion: Funds for Rural Banks, Microfinance, and Women's Empowerment Initiatives Announced.</h1> The Union Budget 2011-12 emphasizes enhancing financial inclusion through Regional Rural Banks and Micro Finance Institutions. The government plans to strengthen these banks by maintaining a Capital to Risk Weighted Asset Ratio of at least 9% and will allocate Rs. 500 crore for this purpose. Additionally, Rs. 6000 crore will be provided to public sector banks to maintain a Tier I CRAR of 8%. An India Microfinance Equity Fund of Rs. 100 crore will be established with SIDBI to support smaller MFIs. A Women's SHG Development Fund with a corpus of Rs. 500 crore is also proposed to empower women and promote Self Help Groups.

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