#priority-sector-lending
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PM
India's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directed credit might not lead to higher economic growth. The analysis indicates that while these policies have helped reduce p…
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PM
EAC-PM highlights that priority sector lending fosters inclusion but warns it doesn't guarantee economic growth, urging targeted interventions instead.