Present and Potential Contribution of Microfinance to India’s Economy

This study by NCAER provides an assessment of the impact of microfinance on the macro economy, focusing on the activities of  Nonbanking Finance Companies (NBFC-MFIs). This focus provides a better understanding of the channels of the impact of microfinance on jobs and income. The impact on GDP and jobs has been extrapolated to the entire microfinance sector to arrive at a broader assessment of the sector as a whole.

 


Shashanka BhideD B GuptaBornali Bhandari,  Sanjukta Das, Madhura Dasgupta, Samarth Gupta,  Devender PratapAjaya Kumar Sahu,  Jaskirat Singh Kohli, Ruchi Avtar
Mar 2021

Macroeconomics