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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Microfinance: A Robust Poverty Eradication Tool for India |
| Authors Name: | Dr Hitesh Kumar Sharma , Dr. Servesh Kumar Sheetal |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_189220
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| Published Paper Id: | IJNRD2303291 |
| Published In: | Volume 8 Issue 3, March-2023 |
| DOI: | |
| Abstract: | The ambitious India that H’blePrime Minister NarendraModi saw in 2019 would have a $5 trillion GDP and be a superpower in economic field. For this,increasedrate ofeconomic growth is an essential requirement. For sustainable growth it is important that it should be inclusive and broad-based.Inclusive growth is economic growth that is distributed fairly across society and creates opportunities for all.Here, microfinance is playing an important role in meeting the requirements of low-income aspirational households through delivering them financial services like deposit loans and insurance at their doorsteps and promoting financial literacy among the people of deprived section.Governments, businesses, banks, nonprofit organisations, civil society organisations, and philanthropists support microfinance, which is now becoming a global movement.The demand for financial help, particularly in microfinance, is rising as India's economy and supporting the growth of India’s Gross Domestic Product (GDP). The less wealthy segments of society are making this demand along with businesses and other financially powerful groups. |
| Keywords: | Economy, Microfinance, Financial Inclusion, SHG, NABARD, Commercial Banks. |
| Cite Article: | "Microfinance: A Robust Poverty Eradication Tool for India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 3, page no.c807-c814, March-2023, Available :http://www.ijnrd.org/papers/IJNRD2303291.pdf |
| Downloads: | 000118755 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2303291 Registration ID: 189220 Published In: Volume 8 Issue 3, March-2023 DOI (Digital Object Identifier): Page No: c807-c814 Country: Bijnor, UP, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2303291 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2303291 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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