ABSTRACT
Financial inclusion is an important factor for a country's development. Government is continuously taking some measures for financial inclusion, one among such measure is introduction of Pradhan Mandri Jan Dhan Yojan with so many useful features. Even though the Government is taking initiatives, the awareness of public on this scheme questionable. This study is an attempt to study the awareness of PMJDY in Erode District. The researcher has collected 110 samples using convenient sampling technique. The findings stated that, all the socio-economic variables are associated with awareness. Further certain segments are more aware of PMJDY than of others.When it comes to source of awareness, visual media is found to be more influential than others.
ABSTRACT
Resumo Este artigo procurou compreender a atuação dos atores no processo de construção social da agenda de inclusão financeira no Brasil, utilizando a Teoria Ator-Rede (TAR) como lente teórica, visto que a formação da agenda pode ser compreendida como um contínuo processo de associações que envolve diferentes mediadores. Os dados foram coletados por meio de entrevistas semiestruturadas com representantes das instituições envolvidas no processo de construção da agenda em tela, bem como de fontes documentais. A dinâmica do processo de construção da agenda de inclusão financeira foi analisada considerando os quatro momentos da translação (problematização, atração de interesses, recrutamento e mobilização) apresentados na literatura pertinente. Verificou-se que a agenda de inclusão financeira no Brasil é fruto de um processo incremental, que contou com a atuação de uma ampla gama de atores (do governo, do mercado, fomentadores e estudiosos e internacionais) e que foi influenciada por alguns elementos não humanos, destacando-se o Banco Central do Brasil (BCB) como ator focal do processo.
Resumen Este artículo se propuso comprender el papel de los actores en el proceso de construcción social de la agenda de inclusión financiera en Brasil, utilizando la teoría del actor-red (TAR) como lente teórica, ya que la formación de la agenda puede entenderse como un proceso continuo de asociaciones que involucra a diferentes mediadores. Los datos se recolectaron a través de entrevistas semiestructuradas con representantes de las instituciones involucradas en el proceso de construcción de la agenda en cuestión, así como de fuentes documentales. Se analizó la dinámica del proceso de construcción de la agenda de inclusión financiera considerando los cuatro momentos de la traducción (problematización, participación, enrolamiento y movilización) presentados en la literatura relevante. Se comprobó que la agenda de inclusión financiera en Brasil es el resultado de un proceso incremental, al que asistieron una amplia gama de actores (gobierno, mercado, desarrolladores y académicos, así como internacionales) y que fue influenciada por algunos elementos no humanos, entre los que se destaca el Banco Central do Brasil (BCB) como el actor central del proceso.
Abstract This article adopts the perspective of the actor-network theory to understand the role of the actors in the process of social construction of the financial inclusion agenda, considering that agenda-setting can be seen as a continuous process of associations that involves different mediators. Data were collected through semi-structured interviews with representatives of the institutions involved in the process of agenda-setting examined, as well as from documentary sources. The dynamics of the process of developing the financial inclusion agenda were analyzed considering the four moments (problematization, interessement, enrolment, and mobilization) presented in the relevant literature. The research found out that the financial inclusion agenda in Brazil is the result of an incremental process, which was attended by a wide range of actors (government, market, developers and scholars, and also international actors) and it was influenced by some non-human elements, among which the Central Bank of Brazil (BCB) stands out as the focal actor of the process.
Subject(s)
Humans , Male , Female , Personnel Staffing and Scheduling , Healthcare Financing , Financial Management , Public PolicyABSTRACT
Resumo Esta pesquisa tem como objetivo avaliar o impacto da Agência Barco na inclusão financeira da população ribeirinha da ilha de Marajó. Para tal, foram coletados dados via observação direta e entrevistas com clientes e funcionários da Agência Barco na ilha de Marajó, os quais foram analisados por meio de análise léxica e de conteúdo. As categorias obtidas foram, então, interpretadas vis-à-vis um modelo de inclusão financeira desenvolvido a partir da literatura existente. Os resultados obtidos permitem concluir que a Agência Barco tem conseguido fornecer, parcialmente, acesso a produtos e serviços financeiros. Entretanto, a falta de educação financeira básica da população ribeirinha da ilha de Marajó tem sido um obstáculo para o adequado uso dos serviços financeiros disponíveis, impedindo uma inclusão financeira sustentável.
Resumen Esa investigación tiene por objetivo evaluar el impacto de la Agência Barco en la inclusión financiera de la población de las riberas de la isla de Marajó. Así, han sido recolectados datos por médio de observación directa e de entrevistas semi-estructuradas con los clientes e empleados de la Agência Barco en la isla de Marajó, los cuales han sido analizados por médio de análises léxica y de contenido. Las categorias obtenidas fueran interpretadas vis-à-vis un modelo de inclusión financeira desarollado desde la literatura existente. Los resultados obtenidos permiten concluir que la Agência Barco há logrado éxito en suplir, parcialmente, acceso a los productos y servicios financieros. Sin embargo, la falta de educación financiera básica ha impedido que la poblácion haga uso adecuado de los servicios financieros ofertados, lo que ha impedido una inclusión financiera sostenible.
Abstract This research aims to assess the impact of the Agência Barco (a branch of a bank that operates in a boat) on the financial inclusion of the riverine population of the Marajó island. Empirical research was carried out through direct observation and semi-structured interviews applied to users and employees of the Agência Barco. Lexical and content analyses were then applied in order to identify the elements for the financial inclusion of this population. The categories obtained through this technique were interpreted vis-à-vis a financial inclusion model developed from the existing literature. The research results show that the Agência Barco has managed to supply partial access to financial products and services. However, the lack of basic financial education of the riverine population of the Marajó island has hindered adequate use of the financial services provided, hampering sustainable financial inclusion.
Subject(s)
Ships , Growth and Development , Information TechnologyABSTRACT
Economic development of a nation can be achieved only when all segments of its population comes within the ambit of formal financial services. In this respect government of India and the Reserve Bank of India has taken several initiatives to bring the underprivileged and the weaker sections of the Indian society within the banking fold, the most recent initiative being the Pradhan Mantri Jan Dhan Yojana. Although these initiatives have been able to bring a sizeable portion of the population under the banking fold, still a large part of the population is outside the coverage of the formal financial sector and the various economic packages declared by the government from time to time. As such, there arises the need to know the reasons as to why a sizeable part of the population is still outside the coverage of the formal financial sector and government policies. In this context the present study has been carried out to know the causes and effects of financial exclusion amongst the financially excluded population of Guwahati city as identified by Guwahati Municipal Corporation.
ABSTRACT
As the economy matures, it is important for the government to ensure that growth becomes more inclusive. An inclusive financial system facilitates efficient allocation of productive resources and thus can potentially reduce the cost of capital. In addition, use of proper financial services can significantly improve the day to-day management of finances. Financial inclusion ensures delivery of banking services and credit at affordable cost to the various sections of disadvantaged and low income groups.The paper primarily looked to find out the extent and spread of financial inclusion in India. Since the study is based on macro level parameters such as number of bank branches and number of Automated Teller Machines (ATMs) and availing of banking services by Indians, the secondary data readily available from database of Reserve Bank of India (RBI), National Sample Survey Organization (NSSO),World Bank & other establishments of Indian government were used.We noted that financial exclusion in terms of access to credit from formal institutions is high for small and marginal farmers and some social groups. Driving away rural and urban poverty in India can help in achieving inclusive growth. Financial institutions and government together can bring the most awaited change of almost 100% inclusion.