f i nanc i a l i nc lu s i on i n i nd i a
49
of SIM cards for mobile phones in PoS machines; monthly
internet recharge for each PoS machine; cost of paper roll
and permanent ink for printing transaction receipts from the
PoS machines; repairing cost of PoS machines, among others.
There would appear to be a case for greater commitment and
financial involvement on the part of banks—especially while
working in difficult areas.
19. Thus, women interviewed in the study refer to the
samaj mein
izzat
or ‘honour in the community’ of being a CSP.
20. The term Business and Development Correspondents
(B&DCs) is used instead of Business Correspondents to
reflect the focus on other necessary and supporting inputs
critical for sustainable livelihoods and growth.
21. Karnataka, Tamil Nadu, Andhra Pradesh and Vidarbha
region of Maharashtra.
22. Following the bifurcation of the State of Andhra Pradesh,
as per the State Reorganisation Act, 2014, the two states of
Telegana and residual Andhra Pradesh have two Stree Nidhis
formed out of the earlier organisation at present. The data
and discussion pertains to the undivided Stree Nidhi.
23. Adapted from Mission Document, Department of Financial
Services (2014).
24. Sharma (2014) covers the process by which various banks
arranged to open lakhs of accounts.
25. The Mor Committee’s advocacy of a differentiated banking
structure as a means to further inclusion led the way for RBI
guidelines for payments to banks and small banks in July
2014. These are more fully discussed in Chapter 5.
26. Shetty and Deokar (2014).
27. Aiyar (2014).
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