Financial inclusion through SHGs: A Initiatives for Inclusive Growth

Authors

  • Poornima U. Kotehal
  • Prakash Basanna

Abstract

The contribution of financial inclusion as an intervention of inclusive growth for Indian economy has been well documented. However, what remains under-investigated is the extent to which the financial inclusion initiatives are being implemented for sustainable growth in rural areas. There is a struggle seen to connect financial inclusion with rural households for generating income and savings. In these contexts, the objective of this study is to present a detailed review of the financial initiatives and bank linkage systems have promoted inclusive growth and sustainability in rural areas. The contribution of this study will be twofold. First, the study will provide an in-depth review regarding the initiatives and their extent of effectiveness within the rural areas. Second, the study will help examine how the present status of SBLP initiatives and its contribution beyond savings mobilization and credit delivery could serve to formulate and re-invent schemes for infiltration of financial inclusion in the rural areas and will provide implications for strengthening the linkage through financial inclusion  

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Published

2019-12-28

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Articles