IDEAS home Printed from https://ideas.repec.org/a/sae/vikjou/v50y2025i3p231-249.html
   My bibliography  Save this article

Revisiting Financial Inclusion: Does Socio-economic Development Matter?

Author

Listed:
  • Ayushi Raichoudhury

Abstract

The article attempts to measure financial inclusion at the household level with the Wroclaw taxonomic approach as an appropriate method of construction of composite indices and study the effects of various socio-economic development indicators on financial inclusion at the disaggregated level. Data analysis exemplified that the level of financial inclusion was directly related to per-capita income, household amenities, literacy and awareness of Pradhan Mantri Jan Dhan Yojana (PMJDY) and inversely to the distance from the bank (beyond 3 km). The results also suggested that the intended outcome of creating awareness about PMJDY to promote financial inclusion was not achieved in rural areas.

Suggested Citation

  • Ayushi Raichoudhury, 2025. "Revisiting Financial Inclusion: Does Socio-economic Development Matter?," Vikalpa: The Journal for Decision Makers, , vol. 50(3), pages 231-249, September.
    • Handle: RePEc:sae:vikjou:v:50:y:2025:i:3:p:231-249
    DOI: 10.1177/02560909251342639
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/02560909251342639
    Download Restriction: no
    File URL: https://libkey.io/10.1177/02560909251342639?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:vikjou:v:50:y:2025:i:3:p:231-249. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.