Economic Empowerment of the Poor A Study on the Self Help Groups (SHGs) in West Bengal / Mai
By: Maiti, Sajal Kumar
Material type:
ArticlePublisher: 2011Subject(s): Nabard | Rural Poor | Poverty Eradication | Poverty | Sgsy | Self-Help Groups | Shgs | Micro-Enterprises | Entrepreneurship And Micro-Enterprises | Entrepreneurship | Ninth Biennial Conference On Entrepreneu | Biennial Conference Papers
In:
Ninth Biennial Conference on EntrepreneurshipSummary: A major cause of poverty among rural people is lack of access for both individuals and communities to productive assets and financial resources. This is caused by the fact that the formal credit institutions that function smoothly in developed urban areas cannot cater to the credit need of rural poor due to lack of information about the borrowers, lack of proper collateral among the poor people, which are acceptable to the formal financial institutions, and there are enforcement problems in case of default. The failure of formal lending institutions and the apparent success of Bangladesh's Grameen Bank in reaching the rural poor have recently inspired numerous non-governmental organizations (NGOs) and governments of less developed countries to establish group-lending schemes to deliver credit at low cost and reasonable interest rates to small scale rural entrepreneurs. India is no exception in this case. From 1 April, 1999 Government of India initiated a programme called Swarnjayanti Gram Swarojgar Yojana (SGSY) which is a self-employment programme of Ministry of Rural Development that aims at providing assistance to the BPL (Below the Poverty Line) rural poor for establishing...
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Ahmedabad (HO) | (Browse shelf) | Vol. , Issue. | Available | 019335 |
A major cause of poverty among rural people is lack of access for both individuals and communities to productive assets and financial resources. This is caused by the fact that the formal credit institutions that function smoothly in developed urban areas cannot cater to the credit need of rural poor due to lack of information about the borrowers, lack of proper collateral among the poor people, which are acceptable to the formal financial institutions, and there are enforcement problems in case of default. The failure of formal lending institutions and the apparent success of Bangladesh's Grameen Bank in reaching the rural poor have recently inspired numerous non-governmental organizations (NGOs) and governments of less developed countries to establish group-lending schemes to deliver credit at low cost and reasonable interest rates to small scale rural entrepreneurs. India is no exception in this case. From 1 April, 1999 Government of India initiated a programme called Swarnjayanti Gram Swarojgar Yojana (SGSY) which is a self-employment programme of Ministry of Rural Development that aims at providing assistance to the BPL (Below the Poverty Line) rural poor for establishing...
There are no comments on this title.