Title: Measuring financial inclusion of indigenous women using G20 indicators: empirical evidence from rural India

Authors: Jogeswar Mahato; Manish Kumar Jha; Kumar Gaurav

Addresses: Department of Humanities, Social Science and Management, National Institute of Technology Jamshedpur, Jamshedpur-831014, India ' Department of Humanities, Social Science and Management, National Institute of Technology Jamshedpur, Jamshedpur-831014, India ' Department of Humanities, Social Science and Management, National Institute of Technology Jamshedpur, Jamshedpur-831014, India

Abstract: The study measures the financial inclusion of indigenous women using G20 financial inclusion indicators in India. The samples were gathered from 1,024 indigenous women residing in Sundargarh, Mayurbhanj, Koraput and Rayagada districts in Odisha state in India. The study has used structure equation modelling to measure the financial inclusion of indigenous women using G20 indicators. The results highlighted that access, usage and quality of financial products and services significantly promote financial inclusion among indigenous women in India. However, it is observed that 'usage' appeared to be the most significant indicator of financial inclusion among the other G20 FI indicators. The present study will benefit policymakers and practitioners in promoting financial inclusion among marginalised communities in developing countries. To achieve financial inclusion for marginalised and backward women, the government should strengthen the financial infrastructure to improve the accessibility and use of financial services.

Keywords: financial inclusion; access; usage; quality; G20; indigenous women; self-help groups; measurement; rural; financial services.

DOI: 10.1504/GBER.2025.144241

Global Business and Economics Review, 2025 Vol.32 No.2, pp.197 - 214

Received: 06 Oct 2023
Accepted: 06 Jan 2024
Published online: 03 Feb 2025 *

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