Effectiveness of Microfinance under SGSY scheme to reduce Poverty and Vulnerability of Rural Households: A Natural Experiment

Amit Kundu

MPRA Paper from University Library of Munich, Germany

Abstract: This paper shows that government of India supported microfinance programme under SGSY scheme is partially effective to reduce poverty of the rural households. Few expansion of National Rural Employment Guarantee scheme plays here the supportive role. Taking the help of Natural Experiment it is also proved that microfinance programme is also able to reduce vulnerability of the rural participating households. This is done through constructing vulnerability index. The social factor i.e. enhancement of empowerment of the participating Self-Help Group members all of whom are women under SGSY scheme between the concerned time period and size of microcredit taken for income generating activities plays a significant role to reduce vulnerability of the participating households of this microfinance programme.

Keywords: Microfinance; SGSY Scheme; Poverty; Vulnerability; Natural Experiment (search for similar items in EconPapers)
JEL-codes: G21 I38 R38 (search for similar items in EconPapers)
Date: 2010-09-10, Revised 2011-08-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in IUP Journal of Financial Economics No.3.IX(2011): pp. 40-54

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/35193/1/MPRA_paper_35193.pdf original version (application/pdf)

Related works:
Journal Article: Effectiveness of Microfinance Under SGSY Scheme to Reduce Poverty and Vulnerability of Rural Households: A Natural Experiment (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:35193

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().