Volume : VII, Issue : XII, December - 2017

FINANCIAL INCLUSION AMONG RURAL PEOPLE – A STUDY WITH SPECIAL REFERENCE TO PALAKKAD DISTRICT

Ciya. M, M. Mahesh Kumar

Abstract :

 In India more than 75% of rural people are not engaged in the process of financial inclusion.  Most of the rural people excluded from the country’s main stream of banking sector. Still, now 45% of the people are living Below Poverty Line. Their monthly income is very low. The 11th five year plan (2007–12) re–emphasized the need for a more inclusive growth in order to ensure that the per capita income growth is oad based by implementing financial inclusion to rural area. This study is mainly intended to measure the awareness and impact of financial inclusion among rural people of Palakkad district. Questionnaire was used to collect primary data from 150 rural people and were analysed by using different statistical and hypothesis tests .The study reveals that rural people are aware about financial inclusion programmes but they are not getting adequate informations & services from authorities. Financial awareness programmes are too low in the sample area. The study suggests to provide more campaigns among rural people for accessing services easily and provide awareness programmes .The government and financial institutions must take steps to include all most all rural people in the purview of financial inclusion , then only the goal of government can be achieved easily.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

CIYA. M, M.MAHESH KUMAR, FINANCIAL INCLUSION AMONG RURAL PEOPLE‾A STUDY WITH SPECIAL REFERENCE TO PALAKKAD DISTRICT, INDIAN JOURNAL OF APPLIED RESEARCH : Volume-7 | Issue-12 | December-2017


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