Index Of Financial Inclusion By Way Of SHG In Connection With Tamilnadu, India

Abstract

Financial inclusion plays a vital role in women's empowerment in Tamilnadu. The study aims to determine the extent of financial inclusion through SHG in different districts to use secondary data to evaluate the financial inclusion index for every district in Tamilnadu. The main objective of the study analyse bank accounts opened through SHG and indicators for creating financial inclusion index. The availability of banking services, banking disbursement, and FII Banking penetration are the three criteria used to measure it. The data collected from the SHG report from the year 2018-2019 to 2022-2023. The major findings of the research are only three districts fall under a high financial inclusion index (above 0.6), 12 districts have an average financial inclusion index, 22 districts have poor financial inclusion, and the last three financial years come under high financial inclusion. The government has to be initiated to provide more financial services and banking services through SHG.