The study has motivated to assay the comparatively better saving tool — small saving schemes or mutual funds — based on empirical evidence. The related literature has been extensively reviewed to frame a conceptual model and has adopted survey strategy with stratified random sampling...

The financial inclusion models that have been implemented successfully in various parts of India have not gained momentum in North East India. The inherent characteristics of the states in this region and the prominence of several informal financial systems are some of the reasons for the...