SF Prep Notes

Department of Financial Services begins preparing roadmap for Financial Inclusion 2.0

Department of Financial Services Secretary M. Nagaraju chaired a meeting in New Delhi on 11 February 2026 to prepare the roadmap for Financial Inclusion 2.0.

Summary

M. Nagaraju, Secretary of the Department of Financial Services (DFS), Ministry of Finance, chaired a meeting in New Delhi on 11 February 2026 to prepare the roadmap for Financial Inclusion 2.0. Officials from the RBI, SEBI, IRDAI, PFRDA, NPCI, the Indian Banks' Association, the Indian Cybercrime Coordination Centre and several ministries attended. The plan document will cover banking access for all citizens, more banking infrastructure in villages, formal credit especially for women and vulnerable sections, the goal of insurance and pension for all citizens by 2047, innovative digital and financial products, wider digital transactions in rural and semi-urban areas, awareness about financial frauds, and financial and digital literacy for adults and secondary-school students.

Key facts

Date
11 February 2026, New Delhi
Chaired by
M. Nagaraju, Secretary, DFS
Insurance and pension goal
For all citizens by 2047
Regulators present
RBI, SEBI, IRDAI, PFRDA
Other areas
Village banking infrastructure, credit for women, fraud awareness, financial literacy

Practice MCQs 2 questions

Q1

Who chaired the 11 February 2026 meeting to prepare the roadmap for Financial Inclusion 2.0?

Show answer

Correct answer: A — Secretary, Department of Financial Services

M. Nagaraju, Secretary of the Department of Financial Services, chaired the meeting in New Delhi.

Q2 Advanced

By which year does the Financial Inclusion 2.0 discussion aim to achieve insurance and pension for all citizens?

Show answer

Correct answer: D — 2047

One of the key areas is achieving the goal of insurance and pension for all citizens by 2047.

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