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	Podcast:		Economics - Audio
	Episode:		U.S.-India Innovation in Financial Inclusion
	Category:		Business
	Duration:		0
	Publish Date:		2017-07-12 13:00:00
	Description:		India’s government has made financial inclusion a key part of its efforts to lift hundreds of millions of citizens out of poverty. In an effort to bring India’s poor into the banking system, it has opened hundreds of millions of no-fee bank accounts and is beginning to use direct balance transfers to provide Indians funds from India’s massive subsidy regime. But important obstacles remain: India still needs to build the banking, telecommunications, and policy infrastructure necessary to ensure the whole nation has access to financial services. Please join the Wadhwani Chair in U.S.-India Policy Studies to discuss how innovation in financial products, services, and technologies can overcome these obstacles and transform the Indian banking center. This event is part of the U.S.-India Innovation Forum. In 2015 the CSIS Wadhwani Chair was asked to lead the U.S.-India Innovation Forum, a work stream of the U.S.-India Strategic and Commercial Dialogue. Under this program, CSIS is organizing a series of sector-focused conversations on how U.S.-India innovative partnerships are creating new models to tackle development challenges, and offer policy recommendations to both governments.
	Total Play:		0