Current Context: The Reserve Bank of India (RBI) Governor Sanjay Malhotra released the National Strategy for Financial Inclusion (NSFI): 2025–30 on 1 December 2025.
- The strategy was approved by the Financial Stability and Development Council – Sub Committee (FSDC-SC) in its 32nd meeting.
- It sets out a five-year roadmap with five strategic objectives (Panch-Jyoti) and 47 action points to strengthen financial inclusion.
- The focus areas include equitable and affordable services, women-led inclusion, livelihood linkages, financial literacy, and customer protection.
- The approach emphasizes a synergistic ecosystem to improve last-mile access and effective usage of financial services.
- The NSFI aims to build resilience among households and micro-enterprises, especially underserved segments, ensuring inclusive growth.
Question:
Q1. The NSFI: 2025–30 outlines how many strategic objectives, referred to as “Panch-Jyoti”?a) Three
b) Four
c) Five
d) Six
Answer: c) The strategy includes five strategic objectives, collectively termed Panch-Jyoti.
