Kaur, Jatinder (2017) Regional disparities in financial inclusion in Kerala:district-wise analysis. Journal of Media and Social Development, 5 (1). pp. 36-47. ISSN 2320-8244
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Abstract
Though Financial Inclusion efforts can be traced back to 60s the term was explicitly used in India for the first time in 2005-06 when it was recognized as an important policy objective for promoting inclusive growth in the country. It was realized by the policy makers at the time of initiation of 11th Plan that despite persistent efforts to promote balanced regional development the disparities continue to rise in India. There was a widespread perception all over the country that disparities among states, within states, between rural and urban areas and between various sections of the community are steadily increasing in the past few years and that the gains of the rapid growth witnessed in this period have not reached all parts of the country and all sections of the people in an equitable manner. Thus, the 11th Plan laid stress upon promoting inclusive growth which continued to be the main objective of 12th Plan (2012-2017) as well and Financial Inclusion constitute an integral part of inclusive growth. Kerala along with Goa became the first 100% financially inclusive state in terms of opening of bank accounts. This paper is an attempt to measure financial inclusion level of the districts of Kerala by constructing a comprehensive Financial Inclusion Index (FII), incorporating 22 indicators representing three different dimensions of inclusive finance relating to branches, deposits and credit. The study covers 14 districts of the state for the year 2013. The results portray presence of glaring disparities in FII across different districts and 9 out of 14 districts have been found to be financially excluded when volume of deposits and credit is also considered along with number of accounts. Further, the maximum disparities have been found in the indicators pertaining to credit penetration.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Financial Inclusion, Disparities, Deposits, Credit, Financial Inclusion Index |
| Subjects: | G Commerce > Commerce |
| Divisions: | Department of > Commerce |
| Depositing User: | Dr Raju C |
| Date Deposited: | 23 Apr 2021 06:11 |
| Last Modified: | 12 Jul 2022 07:40 |
| URI: | http://eprints.uni-mysore.ac.in/id/eprint/16211 |
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