AN ANALYSIS OF THE ROLE OF MICROFINANCE IN NABARD WITH SPECIAL REFERENCE TO JHARKHAND

Authors

  • KRISHNA PRADHAN ASSISTANT PROFESSOR, DEPARTMENT OF ECONOMICS, K. B. WOMEN’S COLLEGE, HAZARIBAG, V. B. U., JHARKHAND

Keywords:

NABARD, Microfinance, SHG-BLP, Women Empowerment

Abstract

A well-known technique for reducing poverty and promoting economic empowerment for women is microfinance. Microfinance is not only a financial system; rather, it is a vehicle for bringing about social change and eradicating poverty, especially among women in our nation and it empowers them to become self-sufficient. In the past few years, it has been increasing in frequency. Government has been attempting to combat poverty by launching a number of initiatives that generate money. Microfinance is the practise of providing financial services to the underprivileged through the distribution of loans and the use of savings accounts. The study highlights NABARD's function as a catalyst for the growth of microfinance. NABARD continued to serve as the primary mentor and facilitator of microfinance projects in the nation, notably the SHG-BLP programme.

References

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Additional Files

Published

15-06-2019

How to Cite

KRISHNA PRADHAN. (2019). AN ANALYSIS OF THE ROLE OF MICROFINANCE IN NABARD WITH SPECIAL REFERENCE TO JHARKHAND. International Education and Research Journal (IERJ), 5(6). Retrieved from http://ierj.in/journal/index.php/ierj/article/view/2674