Self help groups in Karnataka

Self Help Groups in Karnataka The economy of Karnataka is essentially an agrarian and rural economy. It accounts for 56 per cent of workforce of the State. In addition it supports other economic activities such as Industry, transport, Trade and Commerce, etc. The rural economy supplies food articles and home-made products to non-farm sector. The … Read more

Micro finance institutions in Karnataka

Micro finance institutions in Karnataka The origin of microfinance in Karnataka dates back to 1984 when Mysore Resettlement and Development Agency (MYRADA), a Non-Governmental Organisation (NGO) engaged in rural development and based in Karnataka, promoted several co-operative societies that extended loans to their members (Fernandez, 2004). Later in the mid-1980s, the National Bank for agriculture … Read more

Financial inclusion or inclusive financing

Financial Inclusion or inclusive financing is the delivery of financial Services at affordable costs to sections of disadvantaged and low-income segments of Society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide the financial … Read more

Financial inclusion index

The following are subtopics of Financial Inclusion index: Access to financial services Use of financial services Financial literacy Financial stability Financial inclusion policies and regulations Financial inclusion research and data Financial inclusion advocacy and outreach Financial inclusion partnerships and networks Financial inclusion measurement and evaluation Financial inclusion technology and innovation Financial inclusion is the access … Read more