Introduction Poverty remains one of the most pressing challenges in India, particularly in rural areas where limited access to resources, employment, and credit constrains development. Traditional welfare measures, though important, often fail to address the structural aspects of poverty, such as lack of assets, financial exclusion, and vulnerability to shocks. In this context, microfinance has…
Introduction Food security is a critical issue for India, a country with a population exceeding 1.4 billion, where a significant proportion lives below the poverty line. Ensuring access to affordable food for all sections of society has been a longstanding policy challenge. To address this, India established the Public Distribution System (PDS), a government-run network…
Introduction Financial inclusion has emerged as a central theme in India’s development strategy. With nearly 65% of the population residing in rural areas, bridging the gap between the formal financial sector and rural communities is crucial. While significant progress has been made through schemes such as Jan Dhan Yojana, digital payments, and rural credit programs,…