What Constraints Financial Inclusion for the Transgender Community? Field-based Evidences from Odisha (India)

2020 ◽  
pp. 2455328X2092243
Author(s):  
Rajesh Barik ◽  
Pritee Sharma
Keyword(s):  
Financial Literacy ◽  
Financial Inclusion ◽  
Supply Side ◽  
Demand Side ◽  
Transgender People ◽  
Financial Exclusion ◽  
Bank Staff ◽  
The Status ◽  
The Government ◽  
Supply Side Factors

Among all the marginalized and stigmatized communities in Odisha, financial exclusion is high among the transgender community. This study discusses the status, importance and key challenges of financial inclusion among the transgender community of Odisha. This study tries to address the major constraints and challenges of financial inclusion among transgender community people in Odisha. To fulfil the above cited objective, in-depth interviews were conducted with 76 respondents. Additionally, the interviews were also taken from the transgender community’s president and secretary from two regions of Odisha (Cuttack and Bhubaneswar). This study points out that transgender people are deprived from accessing adequate financial products and services from the formal financial institutions. Both demand side and supply side factors are responsible for this exclusion. On the demand side, their low financial literacy and awareness, lack of proper documents to open a bank account, lack of individual interest and lack of formal employment are responsible. On the other hand, supply side factors involve unfriendly behaviour of bank staff and officers, less provision of legal documents from the government, less spread of information, less awareness programmes or financial literacy programmes among the transgender community of Odisha.

Financial Inclusion through Financial Literacy

2022 ◽  
Vol 13 (1) ◽  
pp. 0-0
Keyword(s):  
Financial Literacy ◽  
Uttar Pradesh ◽  
Secondary Data ◽  
Financial Education ◽  
Well Being ◽  
Financial Inclusion ◽  
Financial Decisions ◽  
College Curriculum ◽  
Financial Exclusion ◽  
The Government

Financial literacy is a means to tackle the problem of financial exclusion. It is a combination of awareness, skills, knowledge, attitude and behaviors necessary to make sound financial decisions and achieve financial well being. Objective of this study is to analyze current policy, practices and evidences on financial literacy. The study has been carried out on the basis of review of literature and secondary data collected from a range of sources. It is found that the government of India, RBI and other regulatory bodies are running financial literacy campaigns through diverse mediums. Financial literacy centers (FLCs) are contributing for enhancement of financial literacy. However, they need to be strengthened by enhancing resources. Inclusion of financial education in school and college curriculum has also been recommended. Scope of the study is limited to Ghaziabad district of Uttar Pradesh in India. The study might be valuable for policymakers in enhancing financial inclusion.

Financial Inclusion in India-A Review

2020 ◽  
pp. 278-284
Keyword(s):  
Rural Areas ◽  
Financial Literacy ◽  
Financial Services ◽  
Poverty Reduction ◽  
Financial Inclusion ◽  
World Bank Group ◽  
Critical Issues ◽  
The Status ◽  
The Government ◽  
Bank Group

Financial inclusion has been widely recognized as an engine of economic and social development. World Bank group laid stress on the role of financial inclusion in poverty reduction and boosting shared prosperity. Increasing the importance of financial inclusion for inclusive growth has gained the attention of researchers and academicians across the world. This review deals with the findings of research studies conducted on the extent and status of financial inclusion in India. A review of empirical findings revealed that despite many initiatives taken jointly by the Government and Reserve Bank of India, financial services outreach was not been very satisfactory. People particularly in rural areas, still did not have access to banking services. Evidence of gaps in financial inclusiveness in the country could also be perceived from the review. Lack of awareness and financial literacy, high cost of financial services, continued dependence of rural people on moneylenders, regional disparities in terms of outreach, etc. emerged as some of the critical issues. Hence, the study suggested that some concrete steps need to be taken by the government to improve the status of financial inclusion

scholarly journals Financial Inclusion in Ethiopia

2017 ◽  
Vol 9 (4) ◽  
pp. 191 ◽  
Author(s):  
Andualem Ufo Baza ◽  
K. Sambasiva Rao
Keyword(s):  
Financial Institution ◽  
Financial Inclusion ◽  
Fixed Cost ◽  
Supply Side ◽  
Demand Side ◽  
Payment Instruments ◽  
The Status ◽  
Survey Instruments ◽  
Per Capita ◽  
Branch Density

This paper analyzes the demand and supply side data to show the status of financial inclusion in Ethiopia. Using a set of survey instruments on demand side and data on supply side of financial inclusion, we first analyzed the demand side survey on account, saving, credit, payment, insurance and financial resilience as well as barriers to financial inclusion. Then, we determined and analyzed the supply side of the financial inclusion such as trends in the number of deposit accounts and loan accounts, branch per capita, branch density, ATMs per capita and ATMs density and the retail payment instruments penetration. The analysis of supply side study covered the data for the period from 2006 to 2015. We find that in Ethiopia 33.86 percent of adults has an account at formal financial institution in the year 2016. They use their account to keep money safe, send and receive payments, and to get credit services and foreign exchange services. Using the data on the supply side of financial inclusion in Ethiopia as of December 2015, we find that the branch per capita and branch density of 5.54 and 3.09 respectively. We find that barriers to financial inclusion such as lack of money, distance, fixed cost, and documentations are important obstacles in Ethiopia.

scholarly journals An Examination into the Link between Financial Inclusion, Financial Literacy and Investment Patterns

2017 ◽  
Vol 4 (01) ◽  
Author(s):  
Swati Narula
Keyword(s):  
Financial Markets ◽  
Financial Literacy ◽  
Well Being ◽  
Literacy Skills ◽  
Financial Inclusion ◽  
Financial Exclusion ◽  
The World ◽  
The Government ◽  
Investment Patterns ◽  
Financial Environment

A sound financial system is considered as the backbone of an economy. This holds true especially in a country like India where still a majority of the population is unbanked or “financially excluded”. Research worldwide has pointed out that financial illiteracy is one of the major contributors of financial exclusion. The financially illiterate investor is unable to navigate the contemporary complex financial markets with ease. The financial environment in the world has undergone a tremendous change shifting much of the responsibility on the individuals to manage their finances and plan future well-being. Hence, the importance of acquiring financial literacy skills has grown manifolds. Due to this, financial literacy and financial inclusion has elicited much interest in the recent past in both developed and developing countries of the world. In this paper, an attempt has been made to identify level of financial literacy of the investors in Delhi. An investigation of the investment pattern of investors has also been done. Further, a nexus between financial literacy, financial inclusion and economic growth has also been investigated. In addition, the various efforts undertaken by the government of India and various other parties has also been discussed in detail.

scholarly journals Determinants of Financial Inclusion in Small and Medium Enterprises: Evidence from Ethiopia

2021 ◽  
Vol 14 (7) ◽  
pp. 286
Author(s):  
Betgilu Oshora ◽  
Goshu Desalegn ◽  
Eva Gorgenyi-Hegyes ◽  
Maria Fekete-Farkas ◽  
Zoltan Zeman
Keyword(s):  
Small And Medium Enterprises ◽  
Multiple Linear Regression Model ◽  
Financial Inclusion ◽  
Research Approach ◽  
Supply Side ◽  
Access To Finance ◽  
Secondary Sources ◽  
Medium Enterprises ◽  
Supply Side Factors ◽  
Positive Effect

The study examines the determinant factors that influence financial inclusion among small and medium enterprises (SMEs) in Ethiopia. The study uses an explanatory research design and a mixed research approach with both primary and secondary sources of data. More specifically, the study adopts a multiple linear regression model. The finding of the study reveals that; supply-side factors, demand-side factors, market opportunity, and collateral requirements have a positive effect on the firm’s access to finance. On the other hand, institutional framework factors, and the costs of borrowing negatively affect the firm’s access to finance. This study suggests concerned bodies sustain rapid and inclusive economic growth and hence eradicate extreme poverty and hunger, the policymakers must build an efficient, strong, and well-functioning financial market system that provides affordable and sustainable financial service to SMEs.

scholarly journals What Explains the Regional Variation in the Use of General Practitioners in Australia?

2020 ◽  
Author(s):  
Chunzhou Mu ◽  
Jane Hall
Keyword(s):  
Health Care ◽  
Population Health ◽  
General Practitioners ◽  
Regional Variation ◽  
Regional Differences ◽  
Outcome Variable ◽  
Supply Side ◽  
Demand Side ◽  
Gp Visits ◽  
Supply Side Factors

Abstract Background: Regional variation in the use of health care services is widespread. Identifying and understanding the sources of variation and how much variation is unexplained can inform policy interventions to improve the efficiency and equity of health care delivery. Methods: We examined the regional variation in the use of general practitioners (GPs) using data from the Social Health Atlas of Australia by Statistical Local Area (SLAs). 756 SLAs were included in the analysis. The outcome variable of GP visits per capita by SLAs was regressed on a series of demand-side factors measuring population health status and demographic characteristics and supply-side factors measuring access to physicians. Each group of variables was entered into the model sequentially to assess their explanatory share on regional differences in GP usage. Results: Both demand-side and supply-side factors were found to influence the frequency of GP visits. Specifically, areas in urban regions, areas with a higher percentage of the population who are obese, who have profound or severe disability, and who hold concession cards, and areas with a smaller percentage of the population who reported difficulty in accessing services have higher GP usage. The availability of more GPs led to higher use of GP services while the supply of more specialists reduced use. 30.56% of the variation was explained by medical need. Together, both need-related and supply-side variables accounted for 32.24% of the regional differences as measured by the standard deviation of adjusted GP-consultation rate. Conclusions: There was substantial variation in GP use across Australian regions with only a small proportion of them being explained by population health needs, indicating a high level of unexplained clinical variation. Supply factors did not add a lot to the explanatory power. There was a lot of variation that was not attributable to the factors we could observe. This could be due to more subtle aspects of population need or preferences and therefore warranted. However, it could be due to practice patterns or other aspects of supply and be unexplained. Future work should try to explain the remaining unexplained variation.

scholarly journals EMPIRICAL ANALYSIS ON THE DETERMINANTS OF URBAN PARKS

2020 ◽  
Vol 11 (1) ◽  
Author(s):  
Kenichi SHIMAMOTO
Keyword(s):  
Panel Data Analysis ◽  
Urban Parks ◽  
Well Being ◽  
Supply Side ◽  
Demand Side ◽  
Financial Strength ◽  
Level Data ◽  
Determining Factors ◽  
Park Area ◽  
Supply Side Factors

Urban parks play an important role in enhancing the lifestyle of the community by providing functions which support the environment, safety, health and ell-being. This paper will examine what the determining factors are for the development of urban parks, taking into consideration the supply side and demand side factors and past conditions of urban parks. Japan prefecture level data between 2001 to 2014 will be applied to a panel data analysis. The results find that for the supply side factors, the share of gross production by the construction industry and the financial strength of the local government; and on the demand side factors, preference towards the environment, health and well-being, have impact on the urban park area per capita at a statistically significant level.

Problems and Holistic Solutions for Agricultural Businesses in Chiang Mai

2019 ◽  
pp. 1-8
Keyword(s):  
Language Skills ◽  
Educational Institutions ◽  
Supply Side ◽  
Demand Side ◽  
Chiang Mai ◽  
Demand And Supply ◽  
Industry Group ◽  
The Government ◽  
Integration Problems ◽  
Production Problems

This research aims to study the problems and find solutions of major agro-industries in Chiang Mai, Thailand. The sample was divided into two parts: The supply side was the government agency, educational institutions and civil society. Demand side was Agro-Industry entrepreneurs. The methodology was focus on meeting the stakeholder debate, and group workshop, the first step of the research was selected the potential agro-industry group to study then in the operating phase, the survey was conducted to analyze and synthesize the problems of agro-industry and find solutions by group meetings in order to present a holistic problem-solving model. This process will provide opportunity for stakeholders and related agencies to collaborate and propose appropriate guidelines for action. The results show that, within demand side, the three most important issues are labor issues, marketing and production problems respectively. While the supply side, the top three issues are the integration problems, lacking of language skills / expertise, and lacking of database. Based on the analysis of both demand and supply side, there is a lack of concrete cooperation from relevant agencies, especially in policy cooperation. Therefore, a policy that responds to the problems of agro-industry is essential for all agencies to focus on and implement concrete measures to address sustainable issues.

China's Practice of Implementing a 3G Mobile Telecommunications Standard

2009 ◽  
pp. 140-151
Author(s):  
Mingzhi Li ◽  
Kai Reimers
Keyword(s):  
The Political ◽  
Supply Side ◽  
Demand Side ◽  
Economic Aspects ◽  
Mobile Telecommunications ◽  
Economic Market ◽  
Political Market ◽  
Standardization Process ◽  
The Government ◽  
Telecommunications Market

This chapter analyses and evaluates the Chinese government’s 3G policy of supporting the creation and implementation of the country’s indigenous TD-SCDMA standard. On the supply side, the addition of a new standard has enriched choices available on the 3G mobile telecommunications market; however, on the demand side, the government had to force operators to adopt this standard due to their lack of interest in the new standard. Building on insights gained from North’s theory on the transaction costs of politics, the authors explain this standardization process as a result of interaction between the political market and the economic market which has ultimately been driven by ideology shifts that took place on multiple levels of China’s society in recent years. They contribute to the standardization literature by demonstrating how North’s theory can be used for integrating political and economic aspects in the analysis of standardization processes.

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