FINANCIAL EXCLUSION OF ENTREPRENEURS IN RURAL NON- FARM SECTOR - A -STUDY IN NIZAMABAD DISTRICT.

Dr. K. Ravinder Reddy; S. Chandrika

Volume : IX, Issue : VIII, August - 2020

FINANCIAL EXCLUSION OF ENTREPRENEURS IN RURAL NON- FARM SECTOR - A -STUDY IN NIZAMABAD DISTRICT.

Dr. K. Ravinder Reddy, S. Chandrika

Abstract :

There has been a widespread interest in minimizing the incidence of financial exclusion and ensuring financial inclusion of the hitherto under saved population, given the obvious benefits of financial services for entrepreneurial firms and individuals. Lower finance of productive investment opportunities, business activities and trade always has negative consequences for growth and livelihoods. A developed financial system oadens access to funds. In its absence, people resort to high – cost informal sources. The lower the availability of funds and higher their costs, the fewer are the economic activities, resulting in lower economic growth. An attempt is made in this paper to measure financial exclusion of rural nonfarm entrepreneurs includes credit from banks, credit from unorganized sources, and ratio of credit from unorganized sources to organized sources.