Case Study: Sahulat Journal 6, Vol.5 December 2016 and June 2017, No. 1
Dr. Baburao Sambhaji Jadhav
Over the years, number of studies have been conducted on modus operandi of micro-credits in Bangladesh, Nepal, Indonesia, South Africa, Kenya, Uganda and other developing countries at an International level. However, at the National level, studies on the same theme broadly covers Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Maharashtra and other states, which commonly illustrates its success in reduction of poverty and vulnerability, contribution for better education, health and housing, accumulation of assets, improvement of social and economic situation, building capacity to participate in local bodies, paving way for microenterprises for sustainable income inflows, decrease the dependence on exploitative local money lenders and increased savings, eliminating gender inequality, improving status of rural women and so on. However, in the Indian context, during the last three and a half decade, many studies have been carried out on the same issue in different parts of the country in general and Maharashtra in Particular. These studies are mostly based on secondary sources of data and peculiar successful case studies. Various stakeholders are engaged with the delivery of micro-credit to the poorest families of the country under the name of empowerment, poverty alleviation, self employment generation and entrepreneurship developmental activities.