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Article Name : | | FINANCIAL INCLUSION IN DHEMAJI DISTRICT OF ASSAM: AN ANALYTICAL APPROACH | Author Name : | | ARUP DAS | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | ROR-402 | Article : | | | Author Profile | Abstract : | | [Financial inclusion promotes financial development which in turn motivates economic development. Financial inclusion is the process whereby it is ensured that viable financial services & products are provided to the weaker sections at prices that are affordable, through a transparent and just institution. The Reserve Bank of India (RBI) has taken several measures on this front and these measures are also some extent implemented in Dhemaji district of Assam along with the other parts of India. These measures had a strong impact on the rural economy of Assam. Despite the sincere effort of RBI still a major section of the rural population of Dhemaji are financially excluded due to socio-economic reasons. Dhemaji is an economically backward district of Assam. As per as 2011 census, 92.96% population of Dhemaji lived in rural areas. So it is easily understood how important the issue of financial inclusion in the formation of various rural development initiatives and the social welfare programmes like MGNREGA, National Old Age Pension Policy in the context of rural areas of Dhemaji. The present paper attempts at an analysis of the contemporary situation of financial inclusion measures and the reasons for financial exclusion in Dhemaji.] | Keywords : | | - Financial Exclusion.,Financial Exclusion.
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