Unveiling the mask of Financial Exclusion: A Micro-Level Analysis of Gaddis and Gujjars Tribal Communities Financial Inclusiveness.

Financial exclusion is a pervasive issue that affects millions of individuals worldwide, hindering their economic growth and development. Despite efforts to promote financial inclusion, many individuals remain excluded from formal financial services, perpetuating a cycle of poverty and inequality. This study seeks to unveil the mask of financial exclusion by examining the micro-level factors that influence individual financial inclusiveness. Using a mixed-methods approach, analyze data from a survey of 382 non nomadic tribal community individuals in a developing country, supplemented by in-depth interviews with 90 nomadic tribal respondents. The results of this study reveal that financial exclusion is a complex phenomenon driven by a range of factors, including socioeconomic characteristics, financial literacy, and access to financial infrastructure. This study also find that existing measures of financial inclusion, such as account ownership and credit access, mask the true extent of financial exclusion, as many individuals with formal financial accounts still face significant barriers to using these services. This study contributes to the literature on financial inclusion by providing a nuanced understanding of the micro-level factors that shape individual financial inclusiveness. This research argue that policymakers must move beyond aggregate measures of financial inclusion and instead focus on addressing the specific needs and challenges faced by excluded individuals. By doing so, policymaker can create more effective policies to promote financial inclusion and reduce poverty and inequality