Rural Micro Finance and Women’s Empowerment – with Reference to Bangalore Region
Chandrakala M1, H H Ramesha2
1Chandrakala M, Research Scholar VTU, Assistant Professor, Department of Commerce, KristuJayanti College, Bengaluru (Karnataka), India.
2Dr. H H Ramesha, Associate Professor, Department of Master of Business, Visvesvaraya Technological University, CPGSB, Muddenahalli (Karnataka), India.
Manuscript received on 27 November 2019 | Revised Manuscript received on 19 December 2019 | Manuscript Published on 31 December 2019 | PP: 57-60 | Volume-8 Issue-4S3 December 2019 | Retrieval Number: D10441284S319/2019©BEIESP | DOI: 10.35940/ijrte.D1044.1284S319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Micro finance programme in India is catching quick attention of planners, administrators, economics, social institutions NGOs and government financial institutions. As a powerful instrument that can transfer lives of the poor. Microfinance has been accepted at the global level as a powerful tool of poverty alleviation especially in India. African and South American countries. The antecedent researchers in this area proved that micro finance is capable of women empowerment through development of income engendering activities. Since the regime sponsored programmers could not stood to the prospect and microfinance programmers in India emerged as a power tool of poverty alleviation since microfinance programmes are capable of producing tangible assets through development of income generation activities. Further the formal financial agencies could not show social responsibilities and kept the BPL out of any formal financial programmes, microfinance can be regared as a successful weapon which can alleviate poverty.
Keywords: Micro Finance, Women’s Empowerment, Access to Credit, Income Generation.
Scope of the Article: Microwave