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| Article Name : | | | A STUDY ON TRENDS IN SAVINGS AND CREDIT EXTENSION IN PROGRESS OF MICROFINANCE IN INDIA | | Author Name : | | | SK. Ghouse , K. Ekambaram | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-2186 | | Article : | |  | Author Profile | | Abstract : | | | India, one of the BRIC (Brazil, Russia, India and China) nations with more than 1.2 billion population is seen by many developed countries as an emerging economy. India’s economic growth has failed to make a significant improvement in its poverty figures Government of India with its concern started various poverty alleviation programs but they have failed to deliver the objectives to the level which is desired. The reasons may be many such as failure to reach the target group, loopholes in the system, developing a robust mechanism to name a few. Many countries including India experimented with subsidized credit which only led to increase in the NPAs. The microfinance has come forward to fill up the gap. But the outreach is too small as compared to the requirement and potential. | | Keywords : | | - Trends In Savings
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