ARCHIVES
VOL. 10, ISSUE 4 (2024)
Financial inclusion through mobile banking and digital financial services for rural agricultural labourers
Authors
P Jayalakshmi, M Ganesan
Abstract
This study investigates the relationships between mobile banking,
digital financial services, digital literacy, financial education, regulatory
frameworks, financial inclusion, economic stability, and poverty rates in rural
agricultural communities. Findings reveal a lack of a statistically significant
correlation between access to mobile banking and financial inclusion,
suggesting a need for deeper exploration of barriers to financial inclusion.
The impact of digital literacy and financial education programs on mobile
banking adoption is inconclusive, with significance pending analysis results.
Regulatory and policy frameworks exhibit limited influence on mobile banking
accessibility and usage. Importantly, financial inclusion does not
significantly correlate with reduced poverty rates, indicating the need for
multifaceted poverty reduction strategies. Recommendations include enhancing
digital literacy and financial education programs and revising regulatory
frameworks. A holistic approach to poverty alleviation that addresses
structural factors is advised.
Download
Pages:90-93
How to cite this article:
P Jayalakshmi, M Ganesan "Financial inclusion through mobile banking and digital financial services for rural agricultural labourers". International Journal of Commerce and Management Research, Vol 10, Issue 4, 2024, Pages 90-93
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.