Microfinance Bill: Too Many Wrinkles

Mukul Asher () and Savita Shankar ()

Working Papers from eSocialSciences

Abstract: A regulator should promote social entrepreneurship and tap into the considerable expertise existing in the micro-finance sector. The aim should be to lower transaction costs and generate savings in real resource costs to the economy in delivering micro-finance services in a sustainable manner. The new bill needs to be reworked to amend its many deficiencies.

Keywords: microfinance; microfinance bill; regulator; NABARD; Economics (search for similar items in EconPapers)
Date: 2007-07
Note: Current Affairs
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