Sonia's Rae Bareli shows worst fall in financial inclusion rankings

Slips from 309 in 2011 to 391 in rankings of 638 districts based on opening of banks, deposits accepted and credit provided.

FP Staff December 31, 2013 10:26:02 IST
Sonia's Rae Bareli shows worst fall in financial inclusion rankings

The Inclusix index, compiled by Crisil as a ready reckoner on how states and districts fared on financial inclusion, has delivered what could be a costly blow to the Congress president. Her constituency Rae Bareli in Uttar Pradesh, according to Crisil's report,  has witnessed the most dramatic fall in ranking on financial inclusion.

The Inclusix index ranks 638 districts in the country on the basis of growth in numbers of bank branches, deposits accepted and loans given.

Sonias Rae Bareli shows worst fall in financial inclusion rankings

Congress President Sonia Gandhi. AFP

According to a report in The Indian Express, Rae Bareli is among the few districts where the score was negative on all counts.

It slipped in rankings from 309 in 2011 to 391 in 2012.

More than 90 percent of the districts have improved their performance -- 587 of 638.

"Congress vice-president Rahul Gandhi's Amethi was not ranked in 2011 but is 217th in 2012. External Affairs Minister Salman Khurshid's Farrukhabad district slipped to 342 from 336," said the report.

Chidambaram's constituency of Sivaganga has also slipped marginally by three positions.

On statewise rankings, Gujarat has fared poorly-- 15th, with Kerala on top.  Kerala also has five districts among the top 10.

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