Author Login IJIRT Partner Network (IPN) Login

A study on the performance of Micro Finance with respect to Self Help Groups in Karnataka

  • Unique Paper ID: 150420
  • Volume: 6
  • Issue: 12
  • PageNo: 948-952
  • Abstract:
  • Micro-Finance is emerging as a powerful instrument for poverty alleviation in the new economy. In India, Micro-Finance is dominated by Self Help Groups (SHGs) - Banks linkage Programme, aimed at providing a cost effective mechanism for providing financial services to the ‘unreached poor’. In the Indian context terms like “small and marginal farmers”, “rural artisans” and “economically weaker sections” have been used to broadly define micro-finance customers. Research has shown that, over time, microfinance customers increase their income and assets, increase the number of years of schooling that their children receive and have shown improved health and nutrition of their families. A more refined model of micro-credit delivery has evolved lately, which emphasizes the combined delivery of financial services along with technical assistance and agricultural business development services. Compared to the wider SHG bank linkage movement in India, private Micro Finance Institutions have limited outreach, because SHG’s open bank account with either commercial banks or regional rural banks or co-operative societies. However, it is seen that recently large number of microfinance institutions are transforming into Non-Bank Financial Institutions (NBFCs). This changing face of microfinance in India appears to be positive in terms of the ability of microfinance to attract more funds and therefore increase outreach.
email to a friend

Cite This Article

  • ISSN: 2349-6002
  • Volume: 6
  • Issue: 12
  • PageNo: 948-952

A study on the performance of Micro Finance with respect to Self Help Groups in Karnataka

Related Articles

24 Aug, 2024

Integrated Watershed Management Programme: An ultimate tool for soil conservation

Read More
24 Aug, 2024

An Economic Analysis of Institutional Finance in Karnataka through Kisan Credit Cards

Read More
24 Aug, 2024

Swadeshi Movement in India and its impact on freedom struggle – A study

Read More
24 Aug, 2024

Recording the important milestones of Kannada as an administrative language and role of history in achieving it

Read More
24 Aug, 2024

A study on the rise and fall of Deccan region with special reference to Gulbarga

Read More
24 Aug, 2024

An evolution of structured economic planning in India: A retrospective study

Read More
21 Aug, 2024

A study on Human Rights and the Indian Constitution

Read More
20 Aug, 2024

RELEVANCE OF JAWAHARLAL NEHRU’S IDEAS IN THE ERA OF GLOBALIZATION

Read More
20 Aug, 2024

A STUDY ON THE RIGHT TO INFORMATION ACT-2005

Read More
27 Mar, 2023

THE ROLE OF UGC AND NAAC IN CONTINUOS EVALUATION OF QUALITY AND EXCELLENCE IN HIGHER EDUCATION INSTITUTIONS

Read More
Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Archive

View More

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry