Micro Finance and Empowerment of Rural Poor in India
By Sudhansu Kumar Das
, Sanjeeb Kumar Jena
5¾ x 9
|ABOUT THE BOOK
In India, the micro finance initiative of National Bank for Agriculture
and Rural Development (NABARD) has passed through various phases over the last
two decades, viz. pilot testing during 1992 to 1995, mainstreaming
during 1996 to 1998 and expansion from 1998 onwards.
Micro finance has emerged as a visible credit channel to the poor as
their access to conventional credit sources is constrained by the requirement
of collaterals and high transaction costs. Micro finance is routed through
self-help groups (SHGs). Over the years the SHG-bank linkage programme has
emerged as the major micro finance programme in the country. The focus of
SHG-bank linkage programme is largely on those rural poor who have no
sustainable access to the formal banking system. The target groups, therefore,
broadly comprise small and marginal farmers, agricultural and non-agricultural
labourers, artisans and craftsmen and other poor engaged in small businesses
like vending, and hawking.
The programme has been providing the rural poor, access to the formal
banking system and has achieved several milestones in terms of gender
sensitisation, empowerment and poverty alleviation.
This volume contains 8 research papers—contributed by experts in the
field—which provide deep insights into the role and functioning of micro
finance institutions as strategic partners in the empowerment of rural
1. Micro Finance and the Empowerment of Socially Excluded
Sanjeeb Kumar Jena and Sudhansu Kumar Das
2. Micro Finance for Financial Inclusion
3. Micro Finance: A New Development Paradigm for Rural Transformation
4. Micro Credit for Development of Micro Enterprises
5. Micro Finance: A Vehicle for Rural Development
S.K. Choudhury and B.B. Padhiari
6. Micro Finance and Entrepreneurship
Sanjeeb Kumar Jena
7. Micro Finance and Self-help Groups (SHGs)
8. Financial Inclusion in India
Sanjay Kanti Das
Appendix: Financial Sector Reforms in India
|ABOUT THE AUTHOR
Sudhansu Kumar Das is currently lecturer in Commerce, V.N. (Autonomous) College, Jajpur,
Orissa, affiliated to Utkal University, Bhubaneswar. He was awarded Ph.D.
degree by Utkal University, Orissa in 2006. He has published 3 books, 8 papers
and 15 articles. He has completed one UGC-sponsored research project and
organized state level seminars. His areas of research interest include
development economics, gender studies and finance.
Jena is Lecturer in Commerce in Aeronautic College, HAL,
Sunabeda, Orissa. He obtained his masters degree from Utkal University,
Bhubaneswar in 1990, topping the list of successful candidates. He was awarded
Ph.D. degree by the same university in 2011. He has to his credit a number of
research papers published in reputed journals.
Das is presently Head, Department of Commerce, Lumding
College, Lumding, Nagaon, Assam. He has contributed a number of research papers
in different research journals and books. His key areas of interest are banking
and finance, micro credit, and rural development.