The document discusses the business correspondent (BC) model used in India to promote financial inclusion in rural areas. Some key points: - The BC model uses individuals and entities as intermediaries to provide banking services like deposits, withdrawals, remittances, insurance in villages on behalf of banks. This helps address issues like lack of infrastructure and high transaction costs in remote rural areas. - Over time, the number of banking outlets and account holders under the BC model has steadily increased, demonstrating its effectiveness in improving access to financial services. - Case studies show how the BC model has benefited villagers by providing convenient banking access near their homes. It has also helped improve financial literacy and empowered individuals, especially women, by