An Impact Study on the Role of Governmental Intervention for Financial Inclusion and Economic Well-Being of Moules - Entrepreneurs of Sundarbans

Abstract In this study, we came to analyze some of the possible sources of financial vulnerability that the Moules or the Indigenous honey collectors face in the Sundarbans. The aim is to investigate the impact of government support in the form of subsidy and credit inclusion on their financial well-being. The results depict that formal sources of credit from banks over informal sources can contribute better backing that can bring them out of the vicious cycle of poverty that continues for generations. A formal credit source can give a person a higher probability of achieving better earnings and economic well-being. The study also tries to analyze intergenerational mobility of occupation among Moules. The finding provides valuable insight to policymakers that can be utilized to improve their situation.