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Summary No-27
Profile of the Student:
Name: Kanika Aggarwal
Degree Programme: MBA
University/ Institute: College of Busines Studies, Panjab University
Profile of the Mentor:
Name: Somainder Singh
Designation: AGM
Department: FID
Name of Regional Office: Punjab (Chandigarh)
Objectives of the study:
• To examine the extent of availability and access of financial services
• Identify the major constraints faced in the access of financial services
• To examine the growth of financial inclusion and assess the issues and challenges in financial
inclusion in Punjab
Research Methodology:
• This report is based on primary as well secondary data. Research has been done by primary data
collection which has been collected by interacting with various people and by visiting banks. The
secondary data has been collected through various journals and websites.
Sampling Unit:
• The sample of the study consisted of respondents in the rural and semi urban areas of Ropar, Mohali
and Patiala districts of Panjab. Data was collected through personal visits to respondents, by formal
and informal talks and through filling up the questionnaire. The data collected has been analysed by
using mathematical/Statistical tool.
Sample Size:
• 300 respondents; 6 villages (2 villages from each district); 50 respondents from each village.
Major Findings:
• The major occupation of respondents in Ropar is Agriculture which scored 44%, while Mohali has
the highest percentage of others (73%) and Patiala has the maximum respondents falling under the
category others with 48%
• Overall, 2.33% respondents are earning upto Rs.50000, 23.67% are earning between Rs. 50000-
100000, 35% are earning between Rs. 100000-200000, 27% are earning between Rs. 200000-
400000 and 12% are earning Rs. 400000 and above annually.
• The earning pattern showed highest results for monthly having 37.67%. 28.33% respondents earn
daily, 24.33% earn half yearly, 6% earn irregularly while only 3.67% earn weekly.
