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But there is a need to strengthen the SHG-Bank Linkage Programme to fully mainstream it with the commercial banking system. The programme is scaling up at a rapid pace in South India, while the progress in other regions is slow. The variations in performance across the regions, both in terms of reach and quality needs immediate attention.
Lack of knowledge and understanding of services and its attendant policy and processes among the poor population are important factors that impediment their financial inclusion. In other words, financial literacy is critical for financial inclusion. The vulnerable situation faced by the poor like irregular employment, unemployment, seasonality, illiteracy and growing trend of globalization also throw challenges for financial inclusion of poor...
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Common topics in this essay:
- The Microfinance Revolution
- Financial Inclusion Through Microfinance-Health Insurance In India
- Gender and Microfinance
- Health Insurance Opportunities In India
- Managing Microfinance
- Measuring Impacts of Microfinance
- Microfinance and Rate of Interest
- Microfinance in india
- Microfinance
- Microfinance
- Microfinance
- microfinance and its delivery models
- microfinance
- microfinance
- Core Elements of Health Education and Risk Reduction Activities
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