Deepak Mohanty Committee Report on Medium-term Path on Financial Inclusion

14-member committee headed by RBI Executive Director Deepak Mohanty has submitted the report on Medium-term Path on Financial Inclusion, which has been recently released by RBI.

• The committee was constituted in July 2015 by RBI with the objective of working out a medium-term (5 years) measurable action plan for financial inclusion.

The Committee has made several key recommendations to improve the governance system, strengthen the credit infrastructure and increase the personal disposable income of the poor which would put the economy on a medium-term sustainable inclusion path.