Traditional Culture Encyclopedia - Traditional stories - How did inclusive finance grow and release its dividends?
How did inclusive finance grow and release its dividends?
However, there is a correlation between poverty reduction and inclusive finance, but it is not reciprocal. We should make better use of inclusive finance's policies and target group positioning. Frankly speaking, inclusive finance can't get involved with people who are completely poor. It should be handed over to the government, and the minimum living guarantee should be given by fiscal policy. Then, give the most basic education and medical assistance, and realize sustainable poverty alleviation on the premise of ensuring survival.
For those who have the ability to get rid of poverty and lack the support of financial resources, and traditional financial institutions do not include these people in their loan vision, it is the best policy to give inclusive finance policy support. Inclusive finance is a low-interest loan, not a charity or donation. It basically provides financial services to non-traditional financial users in a sustainable way.
In the past, inclusive finance relied on executive orders, but now it relies on technology dividends and system reform dividends. Coupled with the standardization and effective implementation of the legal system, new market discipline and market norms have been established in the whole field. That's when inclusive finance will show his talents and make great achievements, and it will also add new impetus to the harmonious development of society.
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