Awareness of Rural Women towards Financial Inclusion Schemes

dc.categoryBook Chapter
dc.categoryBook Chapter
dc.contributor.authorShanthi, P
dc.date.accessioned2018-06-13T09:00:55Z
dc.date.available2018-06-13T09:00:55Z
dc.date.issued2014
dc.departmentCommerceen_US
dc.description.abstractFinancial Inclusion is an integral part of the growth process. It is critical for achieving inclusive economic growth and only such a growth is sustainable. It is an acknowledged fact that Indian economy is one of the fastest growing economies in the world. Majority of the population in India resides in rural areas. Thus development of rural India is a key for economic development. Credit is one of the very important inputs of economic development. Micro Finance, Self-Help Groups and Financial Inclusion are the three dimensional approach to eliminate poverty and ensure rural development. No-frill account has emerged as a powerful tool for financial inclusion, which links low income groups with banks. In India, Micro Finance is dominated by the SHGs through bank linkage programme. Through a cost effective mechanism it aims at providing financial services to the unreached poor. The proximity of the financial service is another fact and also due to most of the excluded consumers who are unaware of the bank’s products, which are beneficial for them. To analyze the association between the social economic status and level of awareness toward financial inclusion. Sample of 300 respondents, particularly rural women belonging to weaker section of the society were selected from five villages in Sulur taluk of Coimbatore district using simple random sampling. The primary data were collected through a well structured interview schedule. The data were analysed through Percentage, Mean and F ratio. The results revealed that Financial inclusion programs must emphasize the active participation of women to maximize impact. Specifically targeting women’s training coupled with financial education to increase women’s access to simple and affordable savings services should be an integral part of any financial inclusion strategy.en_US
dc.identifier.isbn9789383842353
dc.identifier.urihttps://ir.avinuty.ac.in/handle/avu/3867
dc.langEnglishen_US
dc.publication.categoryBook Chapteren_US
dc.publisher.nameSocio-Economic Empowerment ofWOMEN Initiatives for Impoverisheden_US
dc.publisher.typeInternationalen_US
dc.titleAwareness of Rural Women towards Financial Inclusion Schemesen_US
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