Why the Nachiket Mor committee report on financial inclusion disappoints5 min read . Updated: 10 Jan 2014, 12:07 AM IST
The report impresses to deceive. It is a good academic work that lays a broad design principle, but does not look at the gorilla in the room
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor, has submitted its report to the Reserve Bank of India (RBI). The appointment of the committee was one of the earliest announcements made by governor Raghuram Rajan after he assumed office in September.
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