Financial inclusion of unorganised labourers and small scale traders
| Autor: | N. Uma Devi, Kasilingam Lingaraja |
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| Rok vydání: | 2018 |
| Předmět: | |
| Zdroj: | SMART Journal of Business Management Studies. 14:48 |
| ISSN: | 2321-2012 0973-1598 |
| DOI: | 10.5958/2321-2012.2018.00017.9 |
| Popis: | Financial inclusion means providing banking and financial services to all people, in a fair, transparent and equitable manner, at affordable cost. Households, with low income, often lack access to bank account and have to spend time and money for multiple visits to avail the banking services. This study was conducted among the unorganized labourers and small scale traders so as to find out the level of financial inclusion of these respondents. The responses were collected from both unorganized labourers and small scale traders. 160 were account holders and 140 were non-account holders and the sample size was 300. The convenient sampling method was used to collect the respondents’ opinion about financial inclusion. Percentage analysis, Level of financial inclusion, Mean and standard deviation, Cross tabulation, Garrett Ranking, z-test, One-way analysis of variance and Correlation were used to analyse the data. The statistical analysis was done by using SPSS (statistical package for social science) software package version 20.0. This study found that the unorganized sector has large scope for savings, banking and borrowings. Hence it is suggested to the monetary authorities and banks, to work towards financial inclusion and help this particular sector of employees and traders. |
| Databáze: | OpenAIRE |
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