Nexus of Gramin Banks, Sustainable Agriculture, Financial Inclusion and Rural Prosperity: A Comprehensive Study
DOI:
https://doi.org/10.54060/a2zjournals.jase.84Keywords:
Economic Development, Rural Banking, Eco-Friendly Farming, Financial Services, Socioeconomic GrowthAbstract
Understanding these dynamics is crucial for creating effective policies that lessen financial inequality, promote sustainable farming practices, and increase economic resilience. Rural economies are the backbone of India's development. In Rajasthan, India, this study examines the connections between Gramin banks, sustainable agri-culture, financial inclusion, and rural prosperity. Data from 372 respondents in Jaipur, Udaipur, and Jodhpur gathered between April and July 2024 were analyzed by the study using Smart-PLS. The findings show substantial relationships between sustain-able agricultural practices and financial inclusion and a strong positive correlation between rural prosperity and access to Gramin banks. The results emphasize the significance of sustainable farming practices for attaining long-term prosperity and the critical role that rural banking plays in enhancing financial access and promoting economic stability. The study suggests that policymakers and stakeholders should enhance rural banking infrastructure and encourage eco-friendly agriculture in ad-vance of rural development. Moreover, it identifies potential for future research into the role of technological innovations in these domains.
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