Measuring Financial Inclusion: A State-Wise Impact Analysis of India’s National Mission on Financial Inclusion

This dataset contains data for 'Measuring Financial Inclusion: A State-Wise Impact Analysis of India’s National Mission on Financial Inclusion'. This dataset contains 3 files where the individual dimensional scores are calculated, and a FIS Calculation file which combines the three dimensions into one comprehensive value. Purpose: This study aims to calculate the level of financial inclusion across India’s states/ UTs and Union Territories from 2011 to 2019, to quantify the impact of India’s National Mission on Financial Inclusion (Pradhan Mantri Jan Dhan Yojana) which was launched in 2014. Approach: We utilise the Index of Financial Inclusion, which has 3 dimensions- Banking Penetration, Banking Services Availability and Banking Services Usage, comprised of sub-dimensions to capture various individual indicators of financial inclusion. This allows us to factor in the various aspects of financial inclusion into one score, which can then be used for empirical studies. Findings: We find that the National Mission on Financial Inclusion (PMJDY) has been able to accelerate the growth of financial inclusion in India, and as of 2019, 24 of India’s 31 states/UTs, considered in this paper, have been able to achieve High Financial Inclusion, with the remaining 7 achieving Medium Financial Inclusion. This represents a significant improvement over the state of financial inclusion in 2011. Originality: We have enhanced the Index of Financial Inclusion used in previous studies to include additional indicators of financial inclusion based on existing literature. The application of the measurement framework to quantify the impact of India’s National Mission of Financial Inclusion is original. The financial inclusion scores have been calculated over an extended period from 2011 to 2019.本数据集配套于《衡量金融普惠：印度国家金融普惠使命的邦级影响分析》（Measuring Financial Inclusion: A State-Wise Impact Analysis of India’s National Mission on Financial Inclusion），包含3份用于计算各单项维度得分的文件，以及1份将三大维度整合为综合数值的金融普惠得分（Financial Inclusion Score, FIS）计算文件。 研究目的：本研究旨在测算2011至2019年间印度各邦及中央直辖区（Union Territories, UTs）的金融普惠（Financial Inclusion）水平，以量化2014年启动的印度国家金融普惠使命——普拉丹·曼特里·扬·达恩计划（Pradhan Mantri Jan Dhan Yojana, PMJDY）的实施影响。 研究方法：本研究采用金融普惠指数（Index of Financial Inclusion, IFI），该指数包含三大维度——银行业渗透度、银行业服务可得性及银行业服务使用度，各维度下设子维度以捕捉金融普惠的各类单项指标。该框架可将金融普惠的多维度特征整合为单一得分，以供后续实证研究使用。 研究结果：本研究发现，印度国家金融普惠使命（PMJDY）有效加速了本国金融普惠水平的增长。截至2019年，本次研究纳入的印度31个邦及中央直辖区中，有24个实现了高金融普惠水平，剩余7个实现了中等金融普惠水平，相较于2011年的金融普惠状况有显著提升。 研究创新性：本研究对既往研究中使用的金融普惠指数进行了优化，结合现有学术文献新增了金融普惠相关指标；将该测算框架应用于量化印度国家金融普惠使命的影响属于原创性研究；本次金融普惠得分的测算周期覆盖2011至2019年这一较长时段。