EFFECT OF MGNREGS IN FINANCIAL INCLUSION OF RURAL POOR: A STUDY ON BALANGIR AND SAMBALPUR DISTRICTS OF ODISHA By Jaya Prakash Rath

Abstract The wages to the MGNREGA workers are only to be paid through their accounts in bank and post offices. It ensures the various financial services provided by the banks and post offices are to be accessed by the poor villages, improve transparency, reduce fraudulent practices and induct the poorest of poor to the formal banking channel which enable them to access various financial services through the process of financial inclusion. Financial inclusion plays a pivotal role in empowerment of poor, underprivileged and deprived worker their financial condition and standard…

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