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    <title>Inclusive Development Strategy Focusing on Both Income and Non-Income Dimensions Required Major Financial Inclusion Initiative ‘Swabhimaan’ Launched</title>
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    <description>The government&#039;s inclusive development strategy links social and financial inclusion, noting increased social-services expenditure and targeted funding through Centrally Sponsored Schemes. The Swabhimaan initiative expands access to basic banking via branchless technology and Business Correspondents, enabling direct crediting of subsidies and social security benefits into beneficiary accounts. For the North-East, the RBI will support establishment of banking facilities by covering one-time capital and limited recurring costs under a Viability Gap Funding arrangement. Complementary achievements in health and elementary education are recorded as supporting inputs to the inclusion agenda.</description>
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