Micro Finance
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Signs of Rural India, Especially Uttar Pradesh, Recovering From Cash Ban
India's vast rural hinterland, which makes up 70 percent of the population, is showing signs of recovery from last year's cash crunch, boosting optimism that increased spending will help the broader economy regain its vigor.
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After 20 suicides, Andhra Pradesh to monitor Micro Finance
Amjed hanged himself to death on Monday after he was unable to repay on time the weekly installment of Rs 570 on the Rs 24000 loan that his wife Kauser took from a Micro Finance Institution (MFI)."Only because of the coercive methods used by the microfinance institutions, such incidents are taking place," said V Vasant Kumar, Rural Development Mini...
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Signs of Rural India, Especially Uttar Pradesh, Recovering From Cash Ban
India's vast rural hinterland, which makes up 70 percent of the population, is showing signs of recovery from last year's cash crunch, boosting optimism that increased spending will help the broader economy regain its vigor.
-
After 20 suicides, Andhra Pradesh to monitor Micro Finance
Amjed hanged himself to death on Monday after he was unable to repay on time the weekly installment of Rs 570 on the Rs 24000 loan that his wife Kauser took from a Micro Finance Institution (MFI)."Only because of the coercive methods used by the microfinance institutions, such incidents are taking place," said V Vasant Kumar, Rural Development Mini...
