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Financial Inclusion among Households

Author(s) : Swapna Shaji

Volume & Issue : VOLUME 5 / 2017 , ISSUE 2

Page(s) : 13


Financial inclusion plays a major role in driving away the poverty from the country. The main focus of financial inclusion in India is to promote sustainable development in rural areas. India is a country with diverse economic condition. Financial exclusion is a symptom and cause of poverty . For an accelerated growth of the economy it is necessary that all the people should be covered by the financial sector through the financial inclusion. The study was conducted to know financial inclusion among households. The study was limited to Paipra Grama Panchayath of Ernakulam district. The study examined the extent of financial inclusion among households in Paipra Grama Panchayath . For the purpose of study, a sample of 100 households was selected from 9962 BPL households in Paipra Grama Panchayath by adopting simple random sampling method. Percentages and T-test were used for analyzing the data. The study revealed that the extent of financial inclusion through provision of credit facility, investment opportunity and other facility was very low and the extent of financial inclusion among BPL households in Paipra Grama Panchayath was very low.


Financial inclusion, Below Poverty Line, Sustainable Development, T-Test


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