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Microfinance has passed a long journey from micro saving to micro credit and micro credit to micro insurance. The programme was started in Bangladesh with initial financing of small amount loan of US $ 27 to 42 families affected badly by famine of 1974 by Professor Mohammad Yunus of Chittagong University. This resulted in establishment of Grameen Bank, Bangladesh generally known as modern micro credit institution. This book highlights the status of Microfinance in India with special reference to Odisha. It provides the information about the different stake holders, role and responsibilities and extended support over years. It further involves capturing of information related to grassroot lev...
In Bihar, growth in GDP has been much higher (>10%%) than the corresponding national average (
The book focuses on how microfinance institutions can be the alternative way to supply funds to combat different phases of global economic recessions. Also, it emphasizes upon their capabilities in reducing poverty and inequality as the countries of the world today aim to attain the goal of sustainable development. The book further deals with the challenges that the micro financial institutions may face while sustain in the competitive and vast changing global business environment. Finally, the book analyses the effectiveness of micro financial services for the emergence of micro, small and medium enterprises with new technology and innovations which, in turn, can be instrumental in ensuring new relocation of global supply chains.
This book explores the levels of cooperation and the phenomenon of convergence among BRICS nations. It provides an in-depth look into the financial and banking systems among these rapidly developing economies and the steps they have taken to foster development and counter inequalities. Of the many factors in determining the income and wealth of a country as well as a group of countries, commercial bank credit, a well-known financial indicator, has been an important one. This book analyses the governance and structure of the New Development Bank and its effects on group members for peer growth and to defend against any external economic and political shocks. It looks at how much of an influence the commercial bank credit, or simply the credit, has upon the income levels of the BRICS member countries, how equitable they are, whether they are converging in credits and incomes, and other such issues. It also focuses on India’s credit aspects of inclusiveness and convergence. With a strong empirical model estimation, this book will be of interest to students and researchers of economics, finance, management, political studies, international relations, and international trade.
The book discusses how division affect the fabric of cities, and people’s sense of identity and agency, and are reflected in physical features, architecture, and urban planning. The question of divided cities represents a complex and multistranded urban Ecology—at once both social and spatial; it cannot be limited to a single science or discipline, such as social or spatial fields. This suggests integrated and cross- disciplinary understandings, as well as integrated or parallel approaches and solutions. Urban ecologies of division manifest in multiple forms. One of their most palpable expressions is conflict, with parallels around the world, and often with correlations in the spatial fa...
The 18 full and 13 short papers presented were carefully reviewed and selected from 255 submissions. There were organized in topical sections named: Image Processing, Pattern Analysis and Machine Vision; Information and Data Convergence; Disruptive Technologies for Future; E-Governance and Smart World