A Snapshot of Financial Access and Multidimensional Poverty of the Tribal Population of Barwani District of Madhya Pradesh
Bibliographic Data
| ID | 13118347 |
|---|---|
| Authors | Divya Septa (Devi Ahilya Vishwavidyalaya, corresponding author), Rekha Acharya (Devi Ahilya Vishwavidyalaya), Madan Dhanora (0000-0003-3023-3086) |
| Year | 2025 |
| Publication date | 2025-04-21 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Contemporary Voice of Dalit (JOURNAL) |
| Journal identifiers | ISSN: 2455-328X • E-ISSN: 2456-0502 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/2455328x251328180 |
| OpenAlex | W4409692391 |
| Language | EN |
| References cited | 70 |
This study delves into the interplay between financial development and multidimensional poverty in the tribal abundant district of Madhya Pradesh, India. Utilizing a deprivation-level calculation, we have classified each household into two groups: those considered as poor and those categorized as non-poor. Financial development is proxied by holding bank accounts, the frequency of bank account utilization and using ATM and NET banking facilities. Employing the probit model estimation technique, this study unveils a pivotal link between financial development and the reduction of multidimensional poverty. The findings of this study demonstrate that government initiatives aimed at enhancing financial inclusion through measures such as facilitating bank account access and offering ATM and NET banking services play a constructive role in diminishing various dimensions of poverty. The compelling findings of this study underscore the transformative power of financial development in uplifting marginalized rural tribal populations, shedding light on a path towards alleviating multidimensional poverty and fostering inclusive development
Business · Database · Economic growth · Economics · Geography · Population · Poverty · Snapshot (computer storage · Socioeconomics · Sociology · Computer Science · Demography · Microfinance and Financial Inclusion · Social and Economic Development in India · Urban and Rural Development Challenges
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| Citation velocity | historical |
|---|---|
| Highly cited | No |