Author: Publisher: Harsh Goyal
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Microfinance in India - Bridging the divide
Author: The Microfinance Impact
Author: Ranjula Bali SwainPublisher: Routledge
ISBN: 1136308105
Category : Business & Economics
Languages : en
Pages : 161
Book Description
Financial inclusion through microfinance has become a powerful force in improving the living conditions of poor farmers, rural non-farm enterprises and other vulnerable groups. In its unique ability to link the existing extensive network of India’s rural bank branches with the Self Help Groups (SHG), the National Bank of Agriculture and Rural Development (NABARD) has covered up to 97 million poor households by March 2010 under its Self Help Group Bank Linkage Programme. Policy-makers have proclaimed SHGs as ‘‘the most potent initiative ... for delivering financial services to the poor in a sustainable manner." This book presents a comprehensive scientific assessment of the impact of the Self Help Group Bank Linkage Programme (SBLP) on the member households. The book discusses wide-ranging topics, including the rural financial sector in India, the history and structure of the SBLP, the impact methodologies, the economic and social impact of microfinance, its role in building assets while reducing poverty and vulnerability, the role of women and their empowerment, training and accumulation of human capital and policy implications of lessons learned. The empirical results show that vulnerability of the more mature SHG members declines significantly. Vulnerability also falls for villages with better infrastructure and for SHGs that are formed by NGOs and linked by banks. The results strongly demonstrate that on average, there is a significant increase in the empowerment of the female participants. The economic impact of SBLP is found to be the most empowering. Greater autonomy and changes in social attitudes also lead to female empowerment. The investigation further reveals that training (especially business training) has a definite positive impact on assets but not on income. The impact of training can be improved through better infrastructure (as in paved roads), linkage model type, and the training organiser. Bridging the gap in the existing literature and between academics and practitioners, this book moves beyond the usual theoretical issues in the impact assessment literature and draws on new developments in methodology. It will be of interest to academics, development practitioners and students of economics, political science, sociology, public policy and development studies.
Changing Contours of Microfinance in India
Author: Jayadev M.Publisher: Routledge
ISBN: 1317214943
Category : Business & Economics
Languages : en
Pages : 203
Book Description
This book brings together empirical evidences and theoretical perspectives to provide a comprehensive overview of the microfinance sector in India. The essays in the volume: focus on the application of information and communication technology (ICT) solutions in microfinance institutions to strengthen the savings movement and widen credit access to the poor and marginalized sections of society; present case studies on self-help group (SHG) movements, federations and SHG-Bank Linkage programmes; propose measures for strengthening regulatory and governance structures of the microfinance sector; and identify linkages between overall financial inclusion and the contribution of microfinance institutions (MFIs). The volume will be indispensable for scholars and researchers of microeconomics, South Asian economics and development economics as well as professionals and aspirants in the microfinance, rural banking and financial inclusion sectors.
Microfinance in India
Author: S. M. FerozePublisher:
ISBN: 9788177082852
Category : Microfinance
Languages : en
Pages : 0
Book Description
In recent years, microfinance in India has emerged as the most suitable and practical alternative to conventional banking in reaching the poor population. Microfinance enables poor people to be thrifty and helps them in availing themselves of the credit and other financial services for improving their income and living standards. The Self-help Group (SHG) Bank Linkage Program was formally launched in 1992 as a flagship program that envisages the organization of the rural poor into SHGs for building their capacities to manage their own finances and then negotiate bank credit on commercial terms. The poor are encouraged to voluntarily come together to save small amounts regularly and extend micro loans among themselves. Once the group attains required maturity in handling larger resources, the bank credit follows. This book explains the concepts associated with microfinance, traces its progress and performance, and examines the role of India's government agencies in its promotion. It also highlights the role of microfinance in the economic empowerment of women and as a tool of financial inclusion.
Microfinance India
Author: N SrinivasanPublisher: SAGE Publications Pvt. Limited
ISBN: 9788132102984
Category : Business & Economics
Languages : en
Pages : 0
Book Description
This series of annual reports on the microfinance sector in India which seeks to document developments, clarify issues, publicize studies, stimulate research, identify policy choices, generate understanding, and enhance support for the sector. It highlights recent developments under each of the two main models of microfinance in India – the SHG and MFI models. The book highlights recent developments in Self Help Groups (SHGs) and SHG Bank Linkage Programme (SBLPs), and focuses on microfinance with regard to the investment scenario in India.
Microfinance India
Author: N. SrinivasanPublisher: SAGE Publications Pvt. Limited
ISBN: 9788132107057
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Microfinance India: State of the Sector Report 2011 presents the growth of the microfinance sector in India in its entirety. It offers in-depth, well-researched and thoroughly analyzed evidence on how the sector has made an impact at various levels of the economy and society. The report collects information from authoritative sources, studies and reports on the sector and field studies on specific developments of interests. It also brings perspectives from key policy makers through exclusive interviews. Highlighting on more topical themes, this year's report begins with an overview of the microfinance sector, which faced significant problems during 2010–11. It then evaluates the performances of the SHG and MFI models and discusses thematic issues such as social performance management and financial inclusion in detail.
Changing Contours of Microfinance in India
Author: Jayadev M.Publisher: Routledge
ISBN: 1317214951
Category : Business & Economics
Languages : en
Pages : 244
Book Description
This book brings together empirical evidences and theoretical perspectives to provide a comprehensive overview of the microfinance sector in India. The essays in the volume: focus on the application of information and communication technology (ICT) solutions in microfinance institutions to strengthen the savings movement and widen credit access to the poor and marginalized sections of society; present case studies on self-help group (SHG) movements, federations and SHG-Bank Linkage programmes; propose measures for strengthening regulatory and governance structures of the microfinance sector; and identify linkages between overall financial inclusion and the contribution of microfinance institutions (MFIs). The volume will be indispensable for scholars and researchers of microeconomics, South Asian economics and development economics as well as professionals and aspirants in the microfinance, rural banking and financial inclusion sectors.
Indian Microfinance
Author: Prabhu GhatePublisher: SAGE Publications Pvt. Limited
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
The microfinance sector in India has been growing rapidly in both scale and institutional diversity, making it the largest in the world. Indian Microfinance: The Challenges of Rapid Growth is a comprehensive account of various components of the Indian microfinance sector. It provides an overview of the main challenges facing the sector, the progress of its main delivery models, issues relating to the emerging microfinance services of microinsurance and money transfers, ongoing efforts in training and capacity building, opportunities facing commercial financiers such as bankers and social venture capitalists, and an account of ongoing research in the sector. Apart from containing extensive original material, the book synthesizes the findings of other recent studies and reports. It identifies various requirements for policy and regulatory change, a contribution which is particularly timely in view of the new microfinance bill being considered by the central government. The book takes note of the lessons from the conflict in 2006 between the state government of Andhra Pradesh and MFIs in the state, which is analyzed in a separate chapter. The main challenge facing the sector is identified as the need to enhance borrower, public and regulatory support and understanding, by increasing transparency in dealings with borrowers and by educating the public. Lucidly written, the book will serve as a reference document for various players in the sector including practitioners, bankers, insurance companies, venture capitalists, regulators, donors and policy makers, and for the development community generally. Given heightened interest in the sector with the Nobel Prize awarded to Muhammad Yunus and the Grameen Bank, it will also be of interest to academicians, media persons and the intelligent layman. Book jacket.
Microfinance: Models, Policies and Experience
Author: Dr Susanta Kumar BarikPublisher: Regency Publications (India)
ISBN: 9789351302971
Category : Microfinance
Languages : en
Pages : 374
Book Description
Microfinance has been viewed as institutions to bridge the rural-urban development gap. These institutions are spreading across villages of Indian states and addressing the existing financial gaps of rural people, thereby provisioning effective means to cater livelihood activities of choice to survive. The syndrome of economic-development-through-institutional means is amply presented in this book, while questioning the very objective of formation of the institution. Historic perspective of microfinance journey is thoroughly captured. Broad models of MFI's being in practice by different institutions across the states of the country have been presented. Broad MFI regulation and control policies of state governments and the central government are succinctly captured. The operational modalities of SHG-mode of MFI operation are thoroughly gauged in a tribal dominated ITDA of Paderu, Visakhapatnam District of Andhra Pradesh. The book is giving a close development view of MFI in its operating regions. This book would be a base book for learners, practitioners of MFIs, NGOs, Donning agencies and various Government departments dealing with issues of rural development. The comprehensive information of MFIs i.e. formation, models, regulating policies and practical implications, provided in this book would certainly be a capsule information kit on MFIs.
Fringe Finance
Author: Rob AitkenPublisher: Routledge
ISBN: 1317748360
Category : Political Science
Languages : en
Pages : 302
Book Description
The most recent conversations about financial instability in International Political Economy have addressed the ongoing financial spasms of the past five years; a global financial spasm unleashed by the 2008 subprime debacle, ongoing Eurozone instability, and general price volatility in securities markets globally. Alongside and as part of these broader spasms, however, has been another key trend—the intensifying reach of global financial markets into and among those populations which live at its very edges. There are increasing, and increasingly profitable, experiments which are explicitly targeted to those without regular access to full or formalized financial practices. This book places the practices of fringe finance in critical context by situating them within a larger set of discussions in the field. Most importantly, this book is part of a much broader attempt in IPE to rethread the study of finance to questions of cultural and social theory in a meaningful manner. Finance is increasingly subjected to innovative forms of social inquiry influenced by a range of diverse methods including governmentality, actor-network theory and cultural economy. By drawing on several strands of social theory, this book contributes to this broader movement in IPE and helps open more space for the continuation of these interdisciplinary conversations. This work will be of great interest to students and scholars of IPE, development studies and economic sociology.
