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India To Add 1.3 Billion People To Banking System | Wealthy Debates.com
"(Manoj Kumar) Indian Prime Minister Narendra Modi promised on Thursday to end “financial untouchability” with a scheme to ensure the majority of households in his country of nearly 1.3 billion people has a bank account within months.
If successful, the scheme could help mend strained state finances by better targeting billions of dollars in welfare spending as well as relieving poverty in a country where about 40 percent of the population has no access to banking..."