Finance is an extraordinarily effective tool in spreading economic
opportunity and fighting poverty. India has a relatively deep financial
system and wide network of rural banks. But India's financial
markets and institutions have not served poor people well. Despite
improvements in the delivery of financial services over the past three
decades, the vast majority of India's poor households, who are
concentrated in rural areas, do not have access to formal finance.
Improving Access to Finance for India's Rural Poor
examines the current level and pattern of access to finance for
India's rural households, evaluates various approaches for
delivering financial services to the rural poor, analyzes what lies
behind the lack of adequate financial access for the rural poor, and
identifies what it would take to improve access to finance for
India's rural poor. Based on the analysis of a large-scale rural
household survey, in combination with an evaluation of the role of
financial markets and institutions, this title also examines different
forms of financial service provision, including formal, informal and
microfinance, raises questions about approaches used so far to address
financial exclusion, and makes recommendations for policy advisors and
financial service providers on how to scale-up access to finance for
India's rural poor, to meet their diverse financial needs (savings,
credit, insurance against unexpected events, etc.), in a commercially
sustainable manner. Its conclusions will be of interest to anyone
involved in economic policy, finance or microfinance, poverty analysis,
and poverty reduction.
- Shipping Weight: 0.58 lbs (0.26 kgs)
|
Browse:
