Exploring the viability of using financial inclusion as a medium to reduce marginalisation
In India, a person’s identity is deeply entrenched in constructs like religion, caste, ethnicity and gender. In this paper, we focus on transgender community, ragpickers and denotified tribes. This report explores the role of access to finance as a tool to accelerate inclusion. It brings forth three models which showcase the viability of extending financial services to marginalised communities through use of innovative technology and inventive design of financial products and services. The case studies included in the report exemplify use of blockchain technology to provide marginalised communities with identity and integrated model for livelihood promotion insurance and social security.
© 2021 KPMG Assurance and Consulting Services LLP, an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
KPMG (Registered) (a partnership firm with Registration No. BA- 62445) converted into KPMG Assurance and Consulting Services LLP (a Limited Liability partnership firm) with LLP Registration No. AAT-0367 with effect from July 23, 2020.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.