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IJSTR >> Volume 9 - Issue 2, February 2020 Edition

International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616

Financial Inclusion In India: A Case Study Of The North-Eastern States

[Full Text]



Nitu Moni Bora



Financial Inclusion Index, North-East, India



The core motive of financial inclusion is to facilitate the disadvantaged groups with financial services at an affordable cost. India, though reaching heights of financial inclusiveness, is challenged by persistent inter-regional disparities. To access the situation of the North-Eastern states of the country which is geographically isolated and less developed than its counterparts, the present study analyses three dimensions of financial inclusion combining them into a comprehensive and multidimensional financial inclusion index. The empirical results revealed that Tripura is the most financially inclusive state among eight states of North East India depicting an intermediate level of financial inclusion, followed by Assam, Sikkim, Mizoram and Meghalaya. However, the extent of financial inclusion is very poor in Arunachal Pradesh, Manipur and Nagaland as exhibited by lower Financial Inclusion Index (FII).



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