The Microfinance Review

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Assessing the Role of Digitisation in Financial Inclusion


Affiliations
1 Sociology, M.D. University, Rohtak, India
2 Department of Commerce, M.D. University, Rohtak, India
     

   Subscribe/Renew Journal


Several government welfare schemes in the recent decades are centered around the idea of financial inclusion that intents to help the deprived sections of the society, to alleviate their economic sufferings and to bring them into the mainstream of economic development. Banks have been primarily engaged in the implementation process, but they face certain operational difficulties. Based on secondary information, this paper attempts to discuss several digitalisation efforts taken by government, and how well they contribute to the achievement of the goal of financial inclusion and the challenges those remain therein.

Keywords

Financial Inclusion, Digitisation and Self-Help Group.
User
Subscription Login to verify subscription
Notifications
Font Size

  • International Institute for Strategic Studies (2007): The Millitary Balance, Routledge, London.

  • Jha, A (2016): Digitization of Financial Markets in India: The Way Forward, viewed on 18thAugust, 2018 (www.deccanherald.com)

  • Pillai, D and Pillai, A Shirly (2017): “Digitisation of SHGs”, Journal of Internet Banking and Commerce (JIBC), Vol. 22, No. S7, pp.1-11.

  • Priyadarshani, P (2017): Impact of Microfinance on Social, Economic and Capability WellBeing of Families Below Poverty Line, with Special Reference to Deoghar District in Jharkhand, India, Ph.D Thesis, ICFAI University, Jharkhand, viewed on 18thAugust, 2018 (www.iujharkhand.edu.in)

  • Rajan, R G (2009): A Hundred Small Steps - Report of the Committee on Financial Sector Reforms, Sage Publications, New Delhi.

  • Roy, V C (2018): “Over 15 lakh Jan Dhan Accounts Put on Notice”, The Tribune (Gurugram), p.14.

  • Schumacher, E F (1973): Small is Beautiful: A Study of Economics As if People Mattered, Blond and Briggs and Harper Collins, London.

  • Sharma, M and S Chatterjee (2016): Digitisation of SHGs: Will it Lend a New Lease of Life to the Movement?, Inclusive Finance India: Summit, viewed on 20th August, 2018 (www.ifmr.org)

  • Shettar, R M (2016): “PMJDY: Issues and Challenges”, Journal of Business and Management, Vol. 18, No. I-2, pp.17-24.

  • Singh, C (2017): Jan Dhan at Three: Need for Linking Financial Inclusion to Socio-Economic Development, viewed on 15thAugust, 2018 (https://thewire.in)

  • Sinha, D and Rohit A (2018): “The Jan Dhan Yojana, Four Years Later: Indebtedness Shows No Signs of Abating as a Result of the Government’s Flagship Scheme”, The Hindu, May 29, p.9.

  • Srivas, Anuj (2017): Jan Dhan Yojana: One Rupee Balance and the Dormancy-Duplication Problem, viewed on 15thAugust, 2018 (https://thewire.in)


Abstract Views: 357

PDF Views: 0




  • Assessing the Role of Digitisation in Financial Inclusion

Abstract Views: 357  |  PDF Views: 0

Authors

Jitender Prasad
Sociology, M.D. University, Rohtak, India
Smriti
Department of Commerce, M.D. University, Rohtak, India

Abstract


Several government welfare schemes in the recent decades are centered around the idea of financial inclusion that intents to help the deprived sections of the society, to alleviate their economic sufferings and to bring them into the mainstream of economic development. Banks have been primarily engaged in the implementation process, but they face certain operational difficulties. Based on secondary information, this paper attempts to discuss several digitalisation efforts taken by government, and how well they contribute to the achievement of the goal of financial inclusion and the challenges those remain therein.

Keywords


Financial Inclusion, Digitisation and Self-Help Group.

References