New Delhi: In India, financial inclusion is highest among Hindus at 88.1 percent and lowest among Muslims at 80.8 percent (compared to national average of 87.2 percent); while for other remaining religious groups it is 86.6 percent, according to a research paper published in the latest issue of Sarvekshana , a biannual journal published by the Ministry of Statistics and Programme Implementation (MoSPI).
The paper published earlier this week also notes that among the different religious groups, indebtedness level was the lowest among Muslims at 12.3 percent, while it was highest among Hindus at 14.9 percent.
At the national level, the paper found financial inclusion at 87.2 percent while indebtedness level stood at 14.7 percent among population aged 15 and above. Show Full Article
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