RBI Governor Unveils 'Antardrishti': Dashboard For Financial Inclusion Monitoring

Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday unveiled a financial inclusion dashboard called 'Antardrishti'. This dashboard aims to provide comprehensive data and insights to assess and monitor the progress of financial inclusion. By capturing relevant information, it will also enable the identification and addressing of areas with low levels of financial inclusion across the country.

Initially designed for internal use within the RBI, the dashboard will contribute to enhancing financial inclusion through a collaborative effort involving multiple stakeholders. The Reserve Bank has been actively promoting financial inclusion through various policy initiatives, and the launch of 'Antardrishti' represents another significant step in this direction.

Yogesh Dayal, Chief General Manager at RBI, highlighted the importance of measuring financial inclusion and mentioned that the RBI had developed the Financial Inclusion (FI) Index in 2021. This comprehensive index, developed in collaboration with the government and sectoral regulators, encompasses various sectors such as banking, investments, insurance, postal services, and pensions.

The FI-Index consolidates data on different aspects of financial inclusion into a single value, ranging from 0 to 100. A score of 0 indicates complete financial exclusion, while 100 signifies complete financial inclusion. The index comprises three main parameters: Access (35% weightage), Usage (45% weightage), and Quality (20% weightage). Each of these parameters encompasses multiple dimensions, which are calculated based on various indicators.

With the introduction of 'Antardrishti', the RBI aims to strengthen its efforts in promoting financial inclusion and ensure a more inclusive and sustainable financial ecosystem in the country.