Paper Title
An Analysis of Financial Inclusion in India under PMJDY
Article Identifiers
Authors
Vishal Keshari , Dr. Niyati Padhi
Keywords
Financial inclusion and exclusion, banking service indicator, inclusive growth
Abstract
The topic of financial inclusion, which is widely defined by RBI (2015) as providing the disadvantaged and marginalized segments of society access to the formal financial system, has gained substantial importance in cent years. Following the 2008 global financial crisis, policymakers are looking for ways to assure better societal involvement of the economically disadvantaged groups and there has been a renewed push for financial inclusion on global basis. Financial inclusion has a welfare-enhancing effect, which also necessitates political support for the entire process. This is also increasingly seen as a crucial driver of economic growth and poverty alleviation in the less developed and developing countries. In India, in recent years, Prime Minister Jan Dhan Yojana (PMJDY) is considered a path breaking effort in this regard.
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Vishal Keshari & Dr. Niyati Padhi (November-2023). An Analysis of Financial Inclusion in India under PMJDY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(11), d423-d431. https://ijnrd.org/papers/IJNRD2311345.pdf
Issue
Volume 8 Issue 11, November-2023
Pages : d423-d431
Other Publication Details
Paper Reg. ID: IJNRD_209897
Published Paper Id: IJNRD2311345
Downloads: 000121991
Research Area: Social Science and HumanitiesÂ
Country: MIRZAPUR, UTTAR PRADESH, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2311345.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2311345
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