Paper Title :Financial Inclusion of Food & Grocery Shop Owners in Aizawl, Mizoram
Author :Priskil Lalremruati, Lalneihtluangi Fanai
Article Citation :Priskil Lalremruati ,Lalneihtluangi Fanai ,
(2018 ) " Financial Inclusion of Food & Grocery Shop Owners in Aizawl, Mizoram " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 66-70,
Volume-4,Issue-6
Abstract : The research have been undertaken to study the depth of financial inclusion among food & grocery shops in
Aizawl, which is the capital of Mizoram, one of the eight states in the north east India. The main objectives of the research is
to analyse the financial inclusion of food & grocery shop owners and identify the problems faced by them as well as giving
suggestions on how to improve financial inclusion among them. The study found that 97.33% of the respondents were
financially included. The main problems faced by food & grocery shop owners in availing/accessing banking services are
preference of doing transactions in cash, low income and assets, lack of financial knowledge, branches attitude of bank
officials, limited number of banks in local area and cumbersome banking procedures. Though most of the owners of food &
grocery shops in Aizawl are financially included, the penetration of financial inclusion is unsatisfactory. There are still many
aspects where the situation needs to be improved.
Keywords - Financial Inclusion, Food & Grocery, Retail Industry
Type : Research paper
Published : Volume-4,Issue-6
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-12739
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Copyright: © Institute of Research and Journals
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Published on 2018-08-21 |
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