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A Role of Joint Liability Group (JLG) in Rural Area: A Case Study of Southern Region of India

Euro-Asian Journal of Economics and Finance

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Title A Role of Joint Liability Group (JLG) in Rural Area: A Case Study of Southern Region of India
 
Creator Rupnawar, Vasantrao D.; Principal, SVPM’s College of Commerce, Science. & Compter Education, Malegaon (Bk.), Tal: Baramati, Dist.: Pune, India
Kharat, Rahul S.; M.S.K. college, Someshwarnagar, (University of Pune) Tal- Baramati, Dist-Pune, Maharashtra, India
 
Subject Micro Finance, Agriculture & Rural Upliftment, Banks & Financial Institutes, Joint Liability Groups (JLG)
 
Description Micro finance plays an important role for upliftment of rural India. It has emerged in India in late 80’s to fulfill the need of poor families to who Banks & financial institutes denies loan as they don’t have security/mortgage. Even today more than 60% population resides in Rural India and they are directly or indirectly depend upon agriculture to fulfill their needs and more than 75% of the farmers are in economically worsening condition. As they don’t get financial assistance from Banks & financial institutions, to fulfill their economic needs concept of Micro Finance introduced by socialists & experts in the field of economics & agriculture. And to provide finance to Farmers Joint Liability Groups (JLG) are formed to meet small farmer’s financial need. So, this research paper focused on role and performance of Joint Liability Groups in Micro Finance in the uplift of Agriculture and rural India for financial year 2010-11 & 2011-12.
 
Publisher Academy of Business & Scientific Research
 
Contributor
 
Date 2014-01-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://absronline.org/journals/index.php/eajef/article/view/120
 
Source Euro-Asian Journal of Economics and Finance; Vol 2, No 1 (2014): January; 13-20
2310-4929
2310-0184
 
Language eng
 
Relation http://absronline.org/journals/index.php/eajef/article/view/120/141
 
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