Economic reforms have introduced substantial changes in many sectors of the Indian economy, more particularly in the industrial trade and financial sectors. These have imparted a much-needed buoyancy to the Indian economy. However, in a country like India, success of reforms on the final count hinges on the performance of agriculture. A lot more thinking and purposeful action are needed at this stage to reinvigorate this sector.Since agriculture is a state ...
Micro-credit has assumed a special significance in the context of increased emphasis on rural development. The noble peace prize to Muhammad Yunus for his work on micro-finance in Bangladesh will not only boost the sector but also inspire governments, banks, voluntary agencies and individuals to strengthen and expand the micro-finance sector. In India, the micro-finance sector has grown form a few self-help groups (SHGs) promoted by NGOs in the mid-1980s to over ...