Research Presentation by Mr. Anup Kumar Yadava

Mr. Anup Kumar Yadava presented a research paper entitled “Technical Efficiency of Financial Inclusion and Human Development: Insights from the Indian States” on September 25, 2021, at 4:15 pm. The paper examined the technical efficiency of financial inclusion of Indian states by Data Envelopment Analysis (DEA) using human development as input. To achieve this objective, a 3-dimensional financial inclusion index (FII) was constructed for 28 major Indian states from 2010 to 2017. Empirical findings suggested most Indian states are under low and medium financial inclusion, and states with better human development have better FII status. Crucially, technical efficiency results revealed states with better human development perform better in terms of FII. The inconsistency in FII and human development ranks was majorly found in North-eastern and high-income Indian states. Therefore, policymakers in India should focus on promoting human development in low HDI states.