International Journal of Reviews and Research in Social Sciences

  • Year: 2019
  • Volume: 7
  • Issue: 1

Status of Financial Exclusion among the Bhuiya of Jharkhand

  • Author:
  • Santanu Sahu*
  • Total Page Count: 4
  • DOI:
  • Page Number: 83 to 86

UGC- Dr. S. Radhakrishnan Post Doctoral Research Fellow, University Department of Economics, Ranchi University, Ranchi, Jharkhand

Abstract

Economic growth depends on a number of factors. Investment is considered indispensable for growth in income and employment. In order to increase investment it is required to mobilise savings. Mobilisation of savings becomes an issue in a country like ours where a large chunk of population may not have even a savings bank account. Thus, financial inclusion of the masses can play an important role in economic growth by mobilising savings, extending credit and other related services. The present paper explores the extent of financial inclusion of the Bhuiya community in an econometric framework.

Keywords

Economic growth, Financial inclusion