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Title: :  Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India
PaperId: :  1290
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 1 Issue 4 2015
DUI:    16.0415/IJARIIE-1290
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Dr. Sanjeeb Kumar Jena Department of Commerce, Rajiv Gandhi University, Rono Hills, Doimukh - 791112, Arunachal Pradesh, India

Abstract

Finance
Financial Inclusion, NER, BoP, Poverty, Livelihood, Model
Billions at the bottom who live on less than a nominal income of 2$ a day, as projected by C. K. Prahalad, in his book “The Fortune at the Bottom of the Pyramid”, is an indignation and endeavour for the academicians, government machineries, NGOs, and so on so forth. They are human entities not numerical. Various financial indicators of North Eastern Region promulgated the dismal level of financial inclusion and banking outreach as compared to other regions of the country. The main factors that impede the dismally are the dependency on central grant, non-existence of self-sufficiency, geography of the region, sparse settlements of population, infrastructural bottlenecks, low level of commercialization and entrepreneurship, insecure law and order situations, low network of branches, nonexistence of customized and flexible financial products to suit the needs of the local population, poor loan recovery experience, and lack of awareness. The purpose of financial inclusion is to return the NER to the position of national economic eminence it held till a few decades ago; to so fashion the development process that growth springs from and spreads out to the grassroots; and to ensure that the Region plays the arrow-head role it must play in the vanguard of the country’s Look East Policy. Establishing a conceptual relation between inclusive capitalism and livelihood development of people of NER, paper will profound a roadmap for the financial inclusion.

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IJARIIE Dr. Sanjeeb Kumar Jena . "Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India" International Journal Of Advance Research And Innovative Ideas In Education Volume 1 Issue 4 2015 Page 173-180
MLA Dr. Sanjeeb Kumar Jena . "Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India." International Journal Of Advance Research And Innovative Ideas In Education 1.4(2015) : 173-180.
APA Dr. Sanjeeb Kumar Jena . (2015). Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India. International Journal Of Advance Research And Innovative Ideas In Education, 1(4), 173-180.
Chicago Dr. Sanjeeb Kumar Jena . "Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India." International Journal Of Advance Research And Innovative Ideas In Education 1, no. 4 (2015) : 173-180.
Oxford Dr. Sanjeeb Kumar Jena . 'Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India', International Journal Of Advance Research And Innovative Ideas In Education, vol. 1, no. 4, 2015, p. 173-180. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/Financial_Inclusion_at_BoP_–_A_Suggestive_Model_for_Poverty_Eradication_in_the_North_East_India_ijariie1290_1__volume_1_14_page_173_180.pdf (Accessed : 07 April 2020).
Harvard Dr. Sanjeeb Kumar Jena . (2015) 'Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India', International Journal Of Advance Research And Innovative Ideas In Education, 1(4), pp. 173-180IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/Financial_Inclusion_at_BoP_–_A_Suggestive_Model_for_Poverty_Eradication_in_the_North_East_India_ijariie1290_1__volume_1_14_page_173_180.pdf (Accessed : 07 April 2020)
IEEE Dr. Sanjeeb Kumar Jena , "Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India," International Journal Of Advance Research And Innovative Ideas In Education, vol. 1, no. 4, pp. 173-180, Sep-Oct 2015. [Online]. Available: https://ijariie.com/AdminUploadPdf/Financial_Inclusion_at_BoP_–_A_Suggestive_Model_for_Poverty_Eradication_in_the_North_East_India_ijariie1290_1__volume_1_14_page_173_180.pdf [Accessed : 07 April 2020].
Turabian Dr. Sanjeeb Kumar Jena . "Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 1 number 4 (07 April 2020).
Vancouver Dr. Sanjeeb Kumar Jena . Financial Inclusion at BoP – A Suggestive Model for Poverty Eradication in the North-East India. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2015 [Cited : 07 April 2020]; 1(4) : 173-180. Available from: https://ijariie.com/AdminUploadPdf/Financial_Inclusion_at_BoP_–_A_Suggestive_Model_for_Poverty_Eradication_in_the_North_East_India_ijariie1290_1__volume_1_14_page_173_180.pdf
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