Role of Human Development Factors in The Financial Inclusion of Fisher Households
Journal Title: PARIPEX-Indian Journal of Research - Year 2015, Vol 4, Issue 8
Abstract
A country’s economic development is usually indicated by an increase in citizens’ quality of life. ‘Quality of life’ is often measured using the Human Development Index, which considers intrinsic personal factors such as literacy rates, life expectancy and poverty rates. Financial inclusion is delivery of banking services at an affordable cost to the vast sections of disadvantaged and low income groups.Without an inclusive financial system, poor individuals and small enterprises have to rely on their own limited savings and earnings to invest in their economic and educational activities and to take the advantage of growth opportunities. In this direction this paper is an attempt to consolidate the data on the role of Human Development Factors in financial inclusion and economic development of fisher households.
Authors and Affiliations
John Edward D’Silva, Dr K G Raja
Keywords
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