International Journal of
Educational Administration and Policy Studies

  • Abbreviation: Int. J. Educ. Admin. Pol. Stud.
  • Language: English
  • ISSN: 2141-6656
  • DOI: 10.5897/IJEAPS
  • Start Year: 2009
  • Published Articles: 234


The up-scaling of technology to build inclusive financial systems in India

Prasun Kumar Das
KIIT School of Rural Management, KIIT University, Bhubaneswar- 751024 Krishna Campus, Campus No. 7, Bhubaneswar - 751024, Orissa, India.
Email: [email protected], [email protected]

  •  Accepted: 20 April 2010
  •  Published: 30 June 2010


The challenges from a technology point of view are many. The systems that provide connectivity need to be relatively inexpensive if they are to be commercially deployed, given the lower incomes in rural areas compared to urban areas. Recently, information and communication technologies (ICT) have emerged as a powerful tool to reduce operating costs, making it viable for financial institutions to expand into rural and low-income areas. It is this possibility of ICT solutions for expanding the rural finance frontier that has stimulated the writing of this paper. Despite the success of microfinance services in many countries, access to financial services in remote rural areas remains a challenge. An innovative business model is required to deliver the financial services to rural areas.


Key words: Up-scaling, ICT, financial inclusion, microfinance, business model, SHG, MFI.