SHG’s Promoted by Rural Development Report
FIG X
Need for Microfinance - Supply
Source: Microscape Nov 2012, Microfinance Institutions Network
FIG X1
Total user base as on 31st March 2012 was 22.56 million.
(Table 9)
As the data for the country wide performance of the SHG’s and MFI reveals the there has been tremendous progress and growth in both the physical and financial presence of micro finance institutions in the southern states of the country.
On the other hand the northern states have shown a comparatively slow progress .thus, the southern states like Tamil Nadu can be taking as benchmark examples and thus states like Uttar Pradesh can be illustrated the need for a successful microfinance model in the country.
NOW WE FIRST TAKE A LOOK AT THE GROWTH AND PROGRESS OF MICROFINANCE IN THE STATE OF TAMIL NADU AND AN ANALYSIS OF ITS IMPACT.
Tamil Nadu has been one of the fastest growing mico finance sectors in the country. The interesting feature of the structure of microfinance in the state has been the prevelance of shg-financial bank model. In the north India the co-operative movement is very successful and hence most of the loan is routed through the co-operative banks. But in sourthern india especially Tamil Nadu it is the reverse and hence the contribution of co-operative banks is very minimal.
A district wise analysis of the SHG-financial bank modeled credit in the state-
(Table 10)
ANALYSIS OF NABARD’S SECONDARY DATA ON TAMIL NADU-
As per the NABARD data, the national level performance showed that the
Southern region continues to be in the fore front and the north-eastern lagging behind with lower number of Shgs, women enrolled, savings Done etc.
The percentage of women groups covered...
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...alai N, and Rajeswari, (2001), “ Nature and Performance of Informal Self-Help Groups-a Case from Tamil Nadu”, Indian Journal of Agriculture Economic, Vol.56, No.3, July-September, Pp.453.
Nedumaran S, K.Palanisami and L.P.Swaminathan, (2001), “Performance and Impact of Self-Help Groups in Tamil Nadu”, Indian Journal of Agriculture Economic, Vol.56, No.3, July-September, Pp.471.
Puhazhendhi, V. (2000), “Evaluation Study of Self-Help Groups in Tamil Nadu, National Bank for Agriculture and Rural Development”, Mumbai. crisil.com/pdf/ratings/CRISIL-ratings_india-top-50-mfis.pdf http://www.slideshare.net/yogi3250/impact-of-micro-finance-on-living-standard-empowerment-and-poverty-alleviation-of-poor-women-a-case-study-of-north-india http://www.scribd.com/doc/48947731/A-PROJECT-REPORT-ON-MICROFINANCE-IN-INDIA http://www.slideshare.net/nehajainmba/neha-jain-report-16379475
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Established in 1978, HelpAge India(HI) is a nongovernmental organization in India. The Mission of HelpAge India is to help senior citizens in India and improve their quality of life. HI hopes to fight against poverty, provide health insurance for elderly, and promote a more dignified, healthy, and active life for elderly Indian. Currently, the organization strives to achieve “Vision 2020.” By the year of 2020, HelpAge India strives to advocate a national movement of elders to let their voice heard by Indian people and gives them political constituency; to achieve health and livelihood security for two million elderly; to provide age appropriate services to 12 million elderly. In addition. The organization
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