Micro Finance and Inclusive Growth

The Microfinance over years registered a highlevel growth. Its role came to be recognised as a powerful instrument in eradication the pressing social and economic contingencies not only in the Indian c o n d i t i o n s b u t a l s o internationally. With a goal of reducing the absolute poverty in the world by onehalf by the year 2015, the UN Millennium Declaration convened in 2002 was committed to achieve this goal. The Indian economy is facing severe problems like hunger, malnutrition, gender inequality, illiteracy, ignorance since a long time. To overcome these social and economic problems the traditional banking institutions and the role is really insufficient, particularly in the light of the rural population of the country. It has been considered by s e v e r a l e x p e r t s a n d practitioners the Microfinance industry is of a great help. From this angle nowadays the Microfinance sector requires a strengthening tonic from all s i d e s t o s h o u l d e r s i t s responsibility with all vigor and vitality. This book will be a valuable source of reference on the subject for bankers, policy–makers, teachers and students. It also aid, researchers in using Micro finance and financial inclusion data more effectively to support priority s e t t i n g a n d i m p r o v e K A L P A Z development outcomes.