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Title: FINANCIAL INCLUSION AMONG TRIBALS OF NABARANGAPUR DISTRICT OF ODISHA
Authors: Dr. Sudipta Sarkar
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Dr. Sudipta Sarkar Assistant Professor, Deptt. of Rural Development Studies, University of Kalyani, Kalyani, Nadia, WB
MLA 8 Sarkar, Dr. Sudipta. "FINANCIAL INCLUSION AMONG TRIBALS OF NABARANGAPUR DISTRICT OF ODISHA." Int. j. of Social Science and Economic Research, vol. 5, no. 12, Dec. 2020, pp. 4017-4032, doi.org/10.46609/IJSSER.2020.v05i12.022. Accessed Dec. 2020. APA 6 Sarkar, D. (2020, December). FINANCIAL INCLUSION AMONG TRIBALS OF NABARANGAPUR DISTRICT OF ODISHA. Int. j. of Social Science and Economic Research, 5(12), 4017-4032. Retrieved from doi.org/10.46609/IJSSER.2020.v05i12.022 Chicago Sarkar, Dr. Sudipta. "FINANCIAL INCLUSION AMONG TRIBALS OF NABARANGAPUR DISTRICT OF ODISHA." Int. j. of Social Science and Economic Research 5, no. 12 (December 2020), 4017-4032. Accessed December, 2020. doi.org/10.46609/IJSSER.2020.v05i12.022.
References [1]. Gupta, Narendra (2017), Financial Inclusion in India and its Challenges, in ShantanuSaurabh(Ed.) Financial Inclusion and Rural Development, Bharati Publications, New Delhi. [2]. Mani, N(2015), Financial Inclusion in India- Policies and Programmes, New Century Publication, New Delhi. [3]. NABARD, Department of Economic Analysis & Research (2018), NABARD AllIndia Rural Financial Inclusion Survey(NAFIS) 2016-17. Website:https://www.nabard.org/auth/writereaddata/tender/1608180417NABARD-Repo-16_Web_P.pdf accessed on 08.01.2019 [4]. OECD (2018), OECD/INFE Toolkit for Measuring Financial Literacy and Financial Inclusion. Website:https://www.oecd.org/financial/education/2018-INFE-FinLit-Measurement-Toolkit.pdf accessed on 08.01.2019. [5]. Rai, Kamini, Dua, Shikha, Yadav, Miklesh (2019), Association of Financial Attitude, Financial Behaviour and Financial Knowledge Towards Financial Literacy: A Structural Equation Modeling Approach, FIIB Business Review 8(1) pp. 51–60. [6]. Rajan, R.G (2009). A Hundred Small Steps. New Delhi, Sage Publications India Pvt. Ltd [7]. Ramya, Krishnan M, A Study of Financial Inclusion and Financial Literacy Among The Tribal People in Wayanad District in Kerala, UGC MRP [8]. SethySusantaKuma (2017), Financial Inclusion an Overview- A Road Map for Inclusive Growth, Bharti Publications, New Delhi
Abstract: Financial inclusion simply means the process of ensuring access to formal financial products and services at an affordable cost to vulnerable groups such as the weaker sections and low income groups and unbanked sections of people of the society. Tribal peoples are the most vulnerable sections of the society and they live mostly in isolation from mainstream society. In this backdrop, the present paper has tried to assess the status of financial inclusion and financial awareness among Scheduled Tribe (ST)population in backward areas of Nabarangapur district of Odisha. Multistage purposive sampling has been used for selection of respondents. It has been observed that nearly all sample households have at least one savings bank account but access to bank and other financial institutions is very less. It appears that major portion of bank accounts has been opened to receive government benefits and other money transfer. It also appears that people are aware about banking and other financial facilities but are not using these facilities properly because of illiteracy and low level of income. It appears that majority of sample respondents are illiterate and are extremely poor. The study concludes that sample tribal HHs of the surveyed area can be said to be financially included only in terms of having savings bank account but in terms of financial awareness and use of financial facilities they are lacking behind.

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