Financial Inclusion and Net Value Added by Agricultural Activity

Since the beginning, agriculture has been the backbone of the Indian economy. The farmers have always received help from the Indian financial system to help them effectively complete their jobs. The use of financial services significantly impacts agriculture in the short and long term. The study's main objective is to promote inclusive growth while strengthening the agricultural industry. The study uses the number of Indian post-payment bank branches and their access points as proxies for financial inclusion because it seeks to assess the effect of financial inclusion on the net value provided by agricultural activities to the development of the nation. According to the results, there is a remarkable relation between the net value added by agricultural activity and our proxies or the number of IPPB branches and access points. Our study can be utilized to develop new financial policies for agriculture. Only 3–4 years of data are taken into account in the study. The trial can go on for a while longer. As new innovations take place constantly, our results could become obsolete. The government is making every effort to encourage inclusive growth; therefore, the numbers can increase in the near future.