Volume : IV, Issue : III, March - 2014

Micro Finance in India: Process and its Progress

Dr. Pallavi. S. Kusugal

Abstract :

Microfinance is emerging as a powerful instrument for poverty alleviation in the new economy. In India, Microfinance scene is dominated by Self Help Group (SHGs)–Bank Linkage Programme as a cost effective mechanism for providing financial services to the Poor which has been successful not only in meeting financial needs of the rural poor women but also strengthen collective self help capacities of the poor, leading to their empowerment. Rapid progress in SHG formation has now turned into an empowerment movement among women across the country.

Keywords :

Microfinance   SHGs   Women     

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. Pallavi. S. Kusugal MICRO FINANCE IN INDIA: PROCESS AND ITS PROGRESS Indian Journal of Applied Research, Vol.IV, Issue. III

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