Paper Title
STATUS OF FINANCIAL INCLUSION IN SIVASAGAR DISTRICT, ASSAM- A CASE STUDY
Article Identifiers
Authors
Dr Nishi Borgohain
Keywords
Financial Inclusion, Inclusive Growth, No frill Account, PMJDY, SHGs.
Abstract
Financial inclusion refers to the provision of affordable financial services to the poor and disadvantage section, viz., access to payments and remittance facilities, savings, loans and insurance services by the formal financial system. The banking industry has shown tremendous growth in volume and activities during the last few decades. Despite making significant improvements in all the areas relating to financial viability, profitability and competitiveness, it has seen that banks have not been able to include vast segment of the population, especially the underprivileged sections of the society, into the fold of basic banking services. There are currently several districts across India which has implemented the 100 percent financial inclusion drive. Sibsagar district in Assam is one of them. The district comprises 997 villages having about 80% of total inhabitants. In such a district the achievement of 100% financial inclusion would be undoubtedly pose huge challenges for banks and other parties involved. Thus in this district an attempt is made to analyze the performance of financial inclusion drive. Keywords-Financial Inclusion, Inclusive Growth, No frill Account, PMJDY, SHGs.
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How To Cite (APA)
Dr Nishi Borgohain (February-2024). STATUS OF FINANCIAL INCLUSION IN SIVASAGAR DISTRICT, ASSAM- A CASE STUDY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(2), d242-d254. https://ijnrd.org/papers/IJNRD2402325.pdf
Issue
Volume 9 Issue 2, February-2024
Pages : d242-d254
Other Publication Details
Paper Reg. ID: IJNRD_214441
Published Paper Id: IJNRD2402325
Downloads: 000121984
Research Area: Social Science and HumanitiesÂ
Country: Moran Town, Charaideo, Assam, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2402325.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2402325
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