Shamika Ravi, Visiting Fellow at IDFC Institute, is quoted in this BusinessWorld aritcle on why women are essential to financial inclusion. Excerpts:

"Dr. Shamika Ravi, Senior Fellow at Brookings India said, 'Gender audit of Jan Dhan Yojana, Aadhar and Mobile is needed to give us a sense of the preparedness of this platform. There is a need to work towards innovative design to understand cash flows of households ensuring insurance and safety'. 'There are two reasons why women should be targeted for financial inclusion, first is the profit motive. Women made conservative investment decisions. And secondly, when more women were given loans, literacy rate increased, height and weight of children increased', she added."

Read the whole article here.