Abstract
Financial inclusion, literacy, investments are interrelated terms necessary to make an economy economically empowered. A lack of financial awareness is a major impediment to poverty and the enhancement of livelihood, capital formation, and supporting income-generating activities for rural people. On the one side Financial Inclusion refers to the process of promoting affordable, timely, and adequate access to a wide range of financial products and services. Financial Literacy covers a combination of awareness, knowledge, skill, attitude, and behavior that is needed to make sound investment decisions and financial well-being. As money and finance play a dominant role in any financial system, financial inclusion works as a tool for full coverage of each and every person in the economy to participate. For exploring the same this study titled Financial Inclusion, Financial Literacy and Investments Patterns: A Study of Rural people in Indore District of Madhya Pradesh is an attempt to empirically analyze the Status of Financial Inclusion, level of Financial Literacy and Investment patterns of people (farmers, Agriculturist, Agri-Entrepreneurs etc.) in Rural Area of the Indore District. Findings of these research paper exhibits that Rural People (farmers, Agriculturist, Agri- Entrepreneurs etc.) in selected rural and semi-rural areas in Indore district have lack of access to Basic banking and financial services and those who have access are not using these services due to low income, illiteracy. The study also covers various dimensions for measuring the level of financial inclusion, financial literacy, and investment patterns in the Indore district, as well as challenges in the use of financial products and services.
Keywords: Financial Inclusion, Financial Literacy, Agri-Entrepreneurs, etc.
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