{"id":343413,"date":"2025-07-24T15:28:46","date_gmt":"2025-07-24T09:58:46","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=343413"},"modified":"2025-07-24T15:28:46","modified_gmt":"2025-07-24T09:58:46","slug":"financial-inclusion-index-fi-index","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/financial-inclusion-index-fi-index\/","title":{"rendered":"Financial Inclusion Index (FI-Index)"},"content":{"rendered":"<p><strong>News:<\/strong> The Reserve Bank of India (RBI) has said that the Financial Inclusion Index (FI-Index) has improved to 67 in March 2025 from 64.2 in March 2024.<\/p>\n<h2>About Financial Inclusion Index (FI-Index)<\/h2>\n<figure id=\"attachment_343414\" aria-describedby=\"caption-attachment-343414\" style=\"width: 444px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-343414\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/07\/Source-Business-Standard.jpg?resize=444%2C324&#038;ssl=1\" alt=\"\" width=\"444\" height=\"324\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/07\/Source-Business-Standard.jpg?resize=300%2C219&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/07\/Source-Business-Standard.jpg?w=704&amp;ssl=1 704w\" sizes=\"auto, (max-width: 444px) 100vw, 444px\" \/><figcaption id=\"caption-attachment-343414\" class=\"wp-caption-text\">Source &#8211; Business Standard<\/figcaption><\/figure>\n<ul>\n<li>It is a <strong>composite, annual measure<\/strong> to objectively assess and monitor the <strong>extent of financial inclusion<\/strong> across India.<\/li>\n<li>It captures the <strong>penetration and usage of financial services<\/strong>\u2014banking, investments, insurance, postal, and pension sectors\u2014for <strong>all individuals and households<\/strong> in the country.<\/li>\n<li><strong>Developed by:<\/strong> Reserve Bank of India (RBI)<\/li>\n<li><strong>Launched on:<\/strong> August 17, 2021<\/li>\n<li><strong>Parameters and weightage:<\/strong> The index comprises <strong>three<\/strong> broad parameters \u2014 <strong>access, usage, and quality<\/strong>, having weight <strong>35 per cent, 45 per cent and 20 per cent<\/strong>, respectively.\n<ul>\n<li>The <strong>weight<\/strong> of each parameter consists of <strong>various dimensions<\/strong>, which are computed based on a number of indicators.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Base year:<\/strong> The Index has been constructed <strong>without any base year<\/strong> as it reflects cumulative efforts of all stakeholders over the years towards financial inclusion.<\/li>\n<li><strong>Range:<\/strong> The index ranges from <strong>0 (complete exclusion) to 100 (full inclusion).<\/strong><\/li>\n<li><strong>Feature:<\/strong> A unique feature of the index is the <strong>quality parameter<\/strong> which captures the <strong>quality aspect of financial inclusion<\/strong> as reflected by financial literacy, consumer protection, and inequalities and deficiencies in services.<\/li>\n<\/ul>\n<p><strong>Note: <\/strong><\/p>\n<ul>\n<li>The annual FI-Index for the period ending March 2021 was 53.9 as against 43.4 for the period ending March 2017.<\/li>\n<li>Now it has improved to 67 in March 2025 from 64.2 in March 2024.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Reserve Bank of India (RBI) has said that the Financial Inclusion Index (FI-Index) has improved to 67 in March 2025 from 64.2 in March 2024. About Financial Inclusion Index (FI-Index) It is a composite, annual measure to objectively assess and monitor the extent of financial inclusion across India. It captures the penetration and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/financial-inclusion-index-fi-index\/\">Continue reading <span class=\"screen-reader-text\">Financial Inclusion Index (FI-Index)<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,1305,12039],"tags":[11872],"class_list":["post-343413","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-index-reports-bodies","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/343413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=343413"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/343413\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=343413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=343413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=343413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}