A blog to promote dialog on development in South Asia
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About us
This blog is maintained by the South Asia Region of the World Bank Group. Its goal is to exchange ideas on how to end poverty in Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
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Banking is necessary step to economic growth
Some form of payment system is definitely needed to foster economic growth in rural areas. Once people can get away from a cash mentality, their minds will open up to the concepts of investing in business for the long-term as well as making larger purchases - both good for overall economic growth and job creation.