文章基本信息

标题：Micro Finance: a Financial Inclusion in India
本地全文：下载
作者：Vijeta
期刊名称：CKPIM Business Review
电子版ISSN：2347-5587
出版年度：2015
期号：2606
页码：10
出版社：C.K.Pithawalla Institute of Management, Surat
摘要：In a developing country like India, the role and importance of rural areas are terribly significant so as to possess overall economic process government at first targeted its attention on development of urban areas however later it accomplished the numerous of rural areas and thus developed numerous plans and programmes for the their development. Financial Inclusion may be a key consider shaping the expansion method of the economy. In India, Micro Finance has emerged as a strong tool for financial inclusion that links low financial gain teams with banks. Financial inclusion is Associate in Nursing integral a part of the expansion method. It’s crucial for achieving inclusive economic process and solely such a growth is property. Micro finance is dominated by the Self Help Groups. So SHGs are playing a very important role in the process of financial inclusion. Motivation to save is the first and for most reason for opening an account. All the beneficiaries of micro finance settle for that they need gained larger economic and Social Security because of the access to micro finance services. Though financial inclusion has become the buzzword in present - day financial circles, there are miles to go, before it becomes a reality among the rural population. The objectives of the present paper are to study the role and concept of micro finance, micro finance institutions and their role in promoting the poor. Understand the relationship between microfinance and financial inclusion and present status of India’s Financial Inclusion.