Comparative Analysis of Financial Inclusion in Rural and Urban Area: A Case Study

Abstract

Despite the tremendous growth in some Asian Countries, unemployment, poverty and inequality still remain issue in most of countries in general and India in particulars. Many economies tried hard to break vicious circle of these problems by adopting numerous strategies but the success is yet to come. The failure of trickledown effect is major cause for failure of many strategies at local or national or international level. Financial inclusion which is integral of inclusive growth process and sustainable development is a strategic tools for providing, access to financial services in form of savings, loans, insurance, credit and payment to needy, low income and unprivileged people of society. So objective of the paper is to analyse impact of financial inclusion in rural and urban area of Gohana Block of Sonipat District in Haryana.