Published Paper Details:

With reference to India, the retail sector is the second-fastest-growing sector in terms of employment after agriculture. However, besides organised retail chains, street vending has proved to be one of the simplest ways for the working poor to survive and is common in the urban informal sector. Research had been conducted to study the nature and extent of financial inclusion among street vendors, as well as the causes of their financial exclusion. 250 street vendors from Bareilly were selected for data collection. A structured questionnaire and personal interview techniques were used to collect the desired data. This study showed that the street vendors depend mainly on informal sources of finance for their economic activity as well as for their personal and emergency needs. Factors such as levels of education, type of business, and economic status (annual income) have shown a significant association with the levels of financial inclusion, whereas age group and type of business fail to establish an association with the levels of financial inclusion.