Essay Examples on State University of New York at Delhi

Impact Of Micro Finance On Women Empowerment

Impact Of Micro Finance On Women Empowerment A Comparative Study Of Urban Rural Areas Beneficiary With Reference To Durg District Of Chhattisgarh 2 INTRODUCTION Over the last few decades hundreds of scheme and laws have been introduced for the betterment of women to make them socially economically and psychologically strong There is no denying fact that women are the backbone of any family and society We cannot progress any nation if we ignore their capabilities To build a strong nation the society has to be conductive and encouraging their efforts Indian Government is continuously supporting their Endeavour and that is why they are continuously promoting women empowerment Due to which various micro-financing program and SHGs has been introduced to support poor women for the sustainability of their livelihood 

Microfinance is a concept initiated by Md Yunus in the late 1970s with Grameen bank model of Bangladesh In India Microfinance sector is growing rapidly where this concept acts as a tool for improving the standard of living among poor Despite these efforts a majority of poor population are still excluded from various financial services To fetch this gap microfinance institution came with the concept to offer a wide range of financial services for providing small loans money transfer insurance and many more other facilities Microfinance Institutions are working to improve the economic and social status of Indian women In India gender in equality is a major problem Women face various gender-specific barriers in various areas like employment education health etc Though women empowerment is one of the major areas in which micro finance deals 

2 pages | 524 words

1991 was a crisis situation for Indian Economy

1991 was a crisis situation for Indian economy because of deficit balance of payment India was in a disastrous situation as they had only gold reserves left to meet the requirement for 3 weeks of imports After independence Indian economy chose to be a closed economy i e no imports and exports and to be self sufficient and fulfil need of everyone by products produce within India only But to get loan from World Bank they asked to change their policy and opt for open economy Thus Liberalization Privatization and Globalization concept was introduced Liberalization means relaxation of various government restrictions in the areas of social and economic policies Privatization is the process of transferring an enterprise or industry from the public sector to the private sector Globalization refers to the free movement of goods capital services people technology and information It is the action or procedure of international integration of countries Impact of globalization could be seen on different sectors of Indian economy they are as follows AGRICULTURE SECTOR Agriculture was the main occupation of majority of Indians before 1991 almost 60 population was only dependent on agriculture and also agriculture provided many raw materials for many non agriculture sector or industry Globalization impacted agriculture in following ways Globalization led to threefold benefits in the form of technological advancements quality enhancement and improved production techniques
2 pages | 444 words