The book extensively examines the socio-economic benefits of micro financing poor through SHGs. The authors observe that SHG formation has led to significant income and asset growth in SHG-member households. Further, it has improved the level of women empowerment. In addition to that there has been noticeable improvement in occupation diversification, economic activities, bank linkages, live stock growth, unforeseen crisis management ability, access to drinking water, electricity, housing condition, improved sanitation etc in the households of SHG members. The socioeconomic gains accruing...

The book "MICROFINANCE AND ITS ROLE ON RURAL DEVELOPMENT" is a collection of ten chapters. The chapters presented in this book has covered various dimensions concerning microfinance and its development aspects. The contributors discuss the socio-economic impacts of microfinance, impacts of microfinance in rural development, women empowerment through microfinance, microfinance and banking linkage, Structure of Rural Market, Financial Inclusion etc. The book can be very useful for the students, scholars & people of such field in the worldwide. It can also help Government & the policy makers for...