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ALLANA MANAGEMENT JOURNAL OF RESEARCH, PUNE - Volume 3, Issue 2, July 2013 - December, 2013

Pages: 25-28
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MICRO FINANCE - OPPORTUNITIES & CHALLENGES IN INDIA

Author: Dr. Sanjay Kaptan

Category: Human Resource Management

Abstract:

The present paper deals with a few important issues related with possibilities of utilization of Micro Finance as a tool of bringing in developmental change.
The paper discusses certain key issues associated with poverty alleviation &
women empowerment. It also proposes an argument as to how Micro Finance
alleviates the socio-economic status of women & helps in removing disparities
between rich and poor. The paper also explains the nature of Micro Finance as an
economic system supporting the neglected sections of society. The author argues
that there are certain issues and hindrances affecting development of Micro Finance
& all these issues need to be rightly addressed so that Micro Finance becomes a viable
solution for bringing about socio-economic change in India.

Keywords: 1. Micro Finance 2. Self Help Groups 3. Constituents of Micro Finance 4. Structures and systems for development of Micro Finance