Micro Finance in India. State Wise Analysis With Reference to Self Help Groups(SHGs)

      Аннотация: Poverty is one of the common obstacles in achieving higher growth and enhancing the standard of living of the people in low income countries. Most of the developing and underdeveloped countries have recently been pursuing various policies and programs to eradicate poverty, an important impediments to sustainable economic development. Among these policies one of the most important and effective one is Microfinance. This book has primarily tried to find the overall progress of SHGs-BLP in India, then to analyse the saving performance under SHG programe, performance of banks in SHGs lending, progress under Mfi-BLP, lastly performance of SHGs in priority states from 2010-2013.The outcome is MF is multifaceted and works in an integrated system. Despite new developments the penetration of MF remains low and spread highly skewed in Southern India. Indeed there are ample gaps to be filled and this would lead to further changes in MF space in future. MF a powerful tool to address challenge of poverty eradication, raise caution regarding overwhelming push for MFIs to become financially self sustainable, mission drift/questionable practices, call for greater transparency and public awareness.

Ключевые слова: India, Micro Finance, SHGs, Priority States