A study of financial inclusion disparities among Paniyas scheduled tribes in Wayanad district in Kerala state with special reference to Pradhan Mantri Jan Dhan Yojana

Abstract

The research paper titled "A study of financial inclusion disparities among Paniyas scheduled tribes PST in Wayanad district in Kerala state with special reference to Pradhan Mantri Jan Dhan Yojana" investigates the financial accessibility status of the PST community in Wayanad District, Kerala. The study places particular emphasis on assessing the impact and effectiveness of the (PMJDY) in addressing financial disparities within this marginalized community. The research employs a comprehensive review methodology, analysing existing literature, government reports, and data related to financial inclusion initiatives in the specified region. The investigation explores the historical context of financial disparities among the Paniya Scheduled Tribes, shedding light on socio-economic factors that contribute to their financial exclusion. Additionally, the study critically examines the design, implementation, and outcomes of the PMJDY within the context of the Paniya community, aiming to identify gaps and areas for improvement. Key focus areas include the accessibility of banking services, utilization of financial products, and the overall impact of the PMJDY in enhancing financial literacy and inclusion. The study also considers challenges unique to the Paniya community, such as cultural sensitivities and geographical factors that may influence the effectiveness of financial inclusion measures. Through addressing these aspects, the research aims to provide insightful commentary on the success and limitations of financial accessibility initiatives among the PST in Wayanad district. The findings have consequences for decision-makers, financial institutions, and parties engaged in designing and implementing inclusive financial programs, especially within the context of marginalized tribal communities. The study aspires to inform evidence-based policy recommendations to foster more equitable financial inclusion strategies in the region.