What question did this study set out to answer?

This research aims to explore how financial inclusion affects socio-economic welfare among marginalized populations in India, specifically BPL households.

June 29, 2026International Journal of Social Economics

Financial inclusion as a driver for socio-economic upliftment for marginalized population in India

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Authors

KAKajal AggarwalCentral University of Haryana BSBhushan SinghDr. Rajendra Prasad Central Agriculture University SKS Krishna KumarShri Venkateshwara University

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Implication

Randomized trial examines financial inclusion's impact on socio-economic welfare in marginalized households, suggesting enhancing affordability is crucial.

Key Points

This research aims to explore how financial inclusion affects socio-economic welfare among marginalized populations in India, specifically BPL households.
Conducted a structured survey among 400 BPL households.
Examined relationships using Structural Equation Modelling (SEM).
Performed Confirmatory Factor Analysis (CFA) for measurement reliability and validity.
Identified five dimensions of financial inclusion: affordability, physical proximity, usage, accessibility, and availability.
Affordability, physical proximity, and usage were positively correlated with financial inclusion.
Financial inclusion positively affects socio-economic welfare among marginalized households.

Cite This Study

Aggarwal et al. (2026) studied this question.

synapsesocial.com/papers/6a420b51f91bb43ea919271f https://doi.org/10.1108/ijse-03-2025-0262

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Implication

Randomized trial examines financial inclusion's impact on socio-economic welfare in marginalized households, suggesting enhancing affordability is crucial.

Financial inclusion as a driver for socio-economic upliftment for marginalized population in India

Discussion

Member takes

Implication

Key Points

Cite This Study

Financial inclusion as a driver for socio-economic upliftment for marginalized population in India

Discussion

Member takes

Implication

Key Points

Cite This Study

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