Influence of gender, income and landholding variables regarding the socio-economic impact of social security schemes among rural households in Haryana, India

Abstract

Banking sector is working towards the progress of economy which cannot be fulfilled without including rural, poor and low-income households with the basic banking facilities. Thus, financial inclusion by the Government is the major step taken towards the progress of the whole country. Social security schemes are the schemes which provide assistance to the under-privileged sections in form of savings, insurance, pension etc. for the various insecurities like old age, low income, loss of sole earner in the family, accidental death or disability at low and affordable costs of services. Social security schemes also help in socio-economic development of the people in the society. Thus, there is lot more scope in the impact study of social security schemes so that drawbacks can be known and progressive work can be done for the successful implementation of the schemes. Thus, micro-economic factors such as gender, income and landholding size were studied by analysis of variance to know their influence on the impact study of social security schemes.