Micro Finance and Micro Enterprises in India

Contents: Preface. 1. Micro finance and micro enterprises in developing countries. 2. Micro enterprises in the Indian context. 3. Poverty dimensions in India. 4. Sustainable livelihood framework. 5. Micro finance and self help groups SHGs. 6. Institutional support for micro entrepreneurs. 7. Role of non governmental organizations NGOs. Appendices. Bibliography. Index.

Most people living in rural areas of India draw their livelihood from agriculture and allied sectors. However the growth and balanced development of other sector such as industry and services is also necessary to sustain the growth of Indian economy in an inclusive manner.

Micro credit has emerged as a visible credit channel to the poor as their access to conventional credit channels is constrained by the requirement of collateral and high transaction cost. The target groups therefore broadly comprise small and marginal farmers agricultural and non agricultural labourers artisans and craftsmen and other poor engaged in small businesses.