Overview
- Examines the extent and reasons for financial exclusion in urban India
- Discusses the necessary policy interventions
- Is based on hard quantitative evidence from both primary and secondary analysis
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
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Table of contents (8 chapters)
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Front Matter
Keywords
About this book
This book focuses on the issue of financial exclusion with particular reference to the urban informal sector in India. Continuing the work of its predecessor, the current Government of India is also placing considerable importance on driving policy initiatives for financial inclusion. However, financial exclusion in urban areas, especially of the lower strata of the society has not received the attention it deserves from researchers and policymakers, even though urban poverty and deprivations are of considerable importance in the present Indian context. The challenges of financial inclusion and accessibility in the urban areas differ substantially from those found in the rural regions given the fact that the possibility of physical access to financial services is much higher in urban areas. In order to provide a macro perspective, the book begins with an analysis of the unit record data on nature and extent of financial inclusion and access to credit in urban India, based on Debt and Investment survey data (59th and 70th rounds) provided by the National Sample Survey Office (NSSO). In subsequent steps, the book discusses findings from a primary survey carried out in the state of Karnataka of self-employed persons engaged in informal services sector. This exercise has helped to comprehend the ways in which they currently meet their financial needs for different income generating purposes, the terms and conditions under which they do so, and the challenges that remained for possible interventions. Experiences of other developing nations in their attempts to ensure financial inclusion and the lesson learnt thereby are the other highlights of the book.
Authors and Affiliations
About the authors
B. P. Vani is an assistant professor at the Centre for Economic Studies and Policy (CESP), Institute for Social and Economic Change, Bangalore, India. She holds a Masters in Statistics from the Bangalore University. She has published papers injournals of internatrional repute and her research focuses on poverty and income distribution.
Bibliographic Information
Book Title: Financial Access of the Urban Poor in India
Book Subtitle: A Story of Exclusion
Authors: Meenakshi Rajeev, B. P. Vani
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-81-322-3712-9
Publisher: Springer New Delhi
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Author(s) 2017
Softcover ISBN: 978-81-322-3710-5Published: 30 March 2017
eBook ISBN: 978-81-322-3712-9Published: 22 March 2017
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: XI, 99
Number of Illustrations: 8 b/w illustrations
Topics: Economic Growth, Social Policy, Development Economics, Finance, general