Atal Bihari Vajpayee Institute of Good Governance and Policy Analysis

(A registered body of Government of Madhya Pradesh under Public Service Management Department)

(A registered body of Government of Madhya Pradesh under Public Service Management Department)

Project Details

District Financial Inclusion Index For Madhya Pradesh

  • Published Date: 13-09-2022
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The Financial Inclusion Research Group at AIGGPA has guided a number of steps for assisting the state on matters of financial inclusion. Development of a financial inclusion index at district level was one of the decisions by the committee. As of now, the index of financial inclusion either available on country-wise parameters (Global Findex), National parameters (RBI Findex) or statewide parameters (CRISIL and NABARD). An index with the granularity of districts is not yet available in the public domain for any Indian State. This index was agreed to be developed by involving both state level institutions like lead banks, State Level Bankers Committee, NABARD and field functionaries, like local administration, educational institutions, MFIs, MSMEs, etc. This index has been prepared on three dimensions: Access, Usage and Quality and total 16 indicators used for 52 districts of the state. The dimension selection in the study draws confidence from the fact similar dimensions have been us