Bridging the Gap: Analysing the Impact of Financial Inclusion on Economic Empowerment in India

This study examines the relationship between financial inclusion initiatives and economic empowerment in India. Utilising data from the Reserve Bank of India (RBI) and the Pradhan Mantri Jan Dhan Yojana (PMJDY), the article analyses the impact of increased access to financial services on various economic indicators. The findings suggest a positive correlation between financial inclusion efforts and economic empowerment, particularly among previously underserved populations. The study highlights the importance of targeted financial literacy programs and the role of technology in expanding financial access. These insights contribute to the ongoing discourse on effective strategies for promoting inclusive economic growth in developing economies.

Authors

Publication Details

Journal
Journal of Administrative Development
Published
2024-10-06
DOI
https://doi.org/10.48001/jad.202421.47-68
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Bridging the Gap: Analysing the Impact of Financial Inclusion on Economic Empowerment in India

Gaurav Mahajan
Journal of Administrative Development
Microfinance and Financial Inclusion
article

Bridging the Gap: Analysing the Impact of Financial Inclusion on Economic Empowerment in India

Gaurav Mahajan
article en

Abstract

This study examines the relationship between financial inclusion initiatives and economic empowerment in India. Utilising data from the Reserve Bank of India (RBI) and the Pradhan Mantri Jan Dhan Yojana (PMJDY), the article analyses the impact of increased access to financial services on various economic indicators. The findings suggest a positive correlation between financial inclusion efforts and economic empowerment, particularly among previously underserved populations. The study highlights the importance of targeted financial literacy programs and the role of technology in expanding financial access. These insights contribute to the ongoing discourse on effective strategies for promoting inclusive economic growth in developing economies.

Journal of Administrative DevelopmentVol. 2(1)
Openalex Percentile: Top 66%
Microfinance and Financial Inclusion
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.