ROLE OF SHGs IN FINANCIAL INCLUSION OF WOMEN OF AHMEDABAD

Authors

  • DR RAKESHKUMAR AMBALAL PRAJAPATI ASSISTANT PROFESSOR, UMA ARTS AND NATHIBA COMMERCE MAHILA COLLEGE, SECTOR 23 GANDHINAGAR

Keywords:

Financial Inclusion, Self Help Group, PMJDY, Women

Abstract

Financial inclusion has been a top aim for the Indian government since the Twelfth Five-Year Plan was implemented (2012-17). This means that everyone in society, especially those who have been marginalised or disadvantaged, has access to financial services such basic savings bank accounts, credit facilities, and insurance at a fair cost. Financial inclusion The central and state governments have launched several initiatives to promote financial inclusion, including the Pradhan Mantri Jan Dhan Yojana, the Business Correspondent and Business Facilitator Model, Branchless Banking and Kisan Credit Card, the Pradhan Mantri Jeevan Jyoti Bima Yojana, the Pradhan Mantri Suraksha Bima Yojana, Self Help Groups, and others. Financial Inclusion attempts to unlock the country's growth potential by offering financial services to the country's massive, previously unserved population, which is the goal of Financial Inclusion. As part of this research, we'll look at how the SHG programme in Ahmedabad District has been implemented and what effect it has had on respondents' saving habits in connection to PMJDY and demographic characteristics. By drawing straws, it was determined to select 594 SHG members from a Gujarat hamlet as a sample for this initial data collection. In order to analyse the data, the researchers utilised a one-sample test, the chi square test, and the two-tail test.

References

• Bambuwala, S., & Shukla, S. (2017). Financial Inclusion in Rural Gujarat: A Review. OSR Journal Of Humanities And Social Science, XXII(7), 6-9.

• Basu, P. (2005, 9 5). A Financial System for India's Poor. Economic and Political weekly. Retrieved November 7, 2017, from www.jstor.org

• Christabell, & Raj, V. (2012). Financial Inclusion in Rural India: The role of Microfinance as a Tool. IOSR Journal of Humanities and Social Science (JHSS), II(5), 21-25.

• Kamath, R., Mukherji, A., & Ramanathan, S. (2008). Ramanagaram Financial Diaries: Loan repayments and Cash Patterns of the Urban Slums. Banglore: lIMB Working Paper No. 268.

• Koorse, C. P., & S.Kavitha. (2015). A Study on Banking Penetration in Financial Inclusion “With Special Reference to Tamilnadu. International Journal of Engineering and Management Research, V(1), 37-44.

• L.S.Subramanian. (2013). A Study of Branchless Banking in Achieving Financial Inclusion in India. BVIMSR’s Journal of Management Research, VI(2), 170-179.

• Uma.H.R, Rupa, & Madhu.G.R. (2013). Impact of Bank Led Financial Inclusion Model on the Socio Economic Status of Saral Saving Account Holders. PARIPEX - Indian Journal of Research, II(9), 50-52.

Additional Files

Published

15-01-2022

How to Cite

DR RAKESHKUMAR AMBALAL PRAJAPATI. (2022). ROLE OF SHGs IN FINANCIAL INCLUSION OF WOMEN OF AHMEDABAD. International Education and Research Journal (IERJ), 8(1). Retrieved from http://ierj.in/journal/index.php/ierj/article/view/2390