Regional Rural Banks (RRBs) in India


Book Description

In India, Regional Rural Banks (RRBs) were started in 1975 to cater to the needs of the rural economy. Operating mainly at the district level, these RRBs pay particular attention to the credit requirements of small farmers, artisans, and agricultural workers. The capital of RRBs comes from contributions by India's central government, concerned state governments, and sponsor banks at a ratio of 50:15:35. This book contains 18 papers by scholars in the field of rural institutional finance. The papers examine almost every aspect of the functioning of India's RRBs, including geographical coverage, clientele outreach, business volume, and the development of the rural economy.







Rural Development - English


Book Description

Rural Development Rural development refers to the process of improving the quality of life and economic well-being of people living in rural areas. It involves initiatives and strategies aimed at enhancing infrastructure, livelihood opportunities, social services, and overall living standards in rural communities. Here are key aspects and objectives of rural development: Objectives of Rural Development: Poverty Alleviation: Rural development aims to reduce poverty by creating sustainable livelihood opportunities, enhancing income levels, and improving access to basic services such as education, healthcare, and sanitation. Infrastructure Development: Enhancing rural infrastructure is crucial for connectivity, transportation, communication, and access to markets. This includes roads, bridges, electricity, water supply, and telecommunications. Agricultural Development: Improving agricultural productivity and efficiency through modern farming techniques, irrigation systems, access to credit, market linkages, and agricultural extension services. Employment Generation: Promoting non-agricultural employment opportunities through rural industries, small-scale enterprises, skill development programs, and microfinance initiatives to reduce dependency on agriculture. Social Inclusion and Equity: Ensuring equitable access to resources, services, and opportunities for marginalized groups, including women, youth, indigenous communities, and people with disabilities. Environmental Sustainability: Promoting sustainable natural resource management practices, conservation of biodiversity, and resilience to climate change impacts in rural areas. Health and Education: Improving access to healthcare facilities, sanitation, nutrition, and quality education to enhance human capital and well-being in rural communities. Strategies for Rural Development: Integrated Rural Development Programs (IRDP): Holistic approaches that combine infrastructure development with social and economic initiatives to address multi-dimensional aspects of rural poverty. Decentralized Governance and Participatory Approaches: Empowering local communities through participatory decision-making processes, decentralized governance structures, and capacity-building initiatives. Public-Private Partnerships (PPP): Collaborative efforts involving government, private sector, NGOs, and community organizations to leverage resources, expertise, and innovation for rural development projects. Technology and Innovation: Harnessing technology, digital solutions, and innovation to enhance agricultural productivity, access to information, e-governance services, and entrepreneurship in rural areas. Skill Development and Capacity Building: Promoting vocational training, skill development programs, and entrepreneurship education to empower rural youth and enhance employability. Financial Inclusion and Rural Finance: Expanding access to financial services, credit facilities, insurance, and savings mechanisms to support rural enterprises, farmers, and small businesses. Monitoring and Evaluation: Establishing robust monitoring and evaluation frameworks to assess the impact of rural development programs, ensure accountability, and inform evidence-based policy decisions. Challenges in Rural Development: Infrastructure Deficits: Poor road connectivity, inadequate power supply, and limited access to safe drinking water and sanitation facilities. Income Disparities: Persistent poverty and income inequalities between rural and urban areas, exacerbating migration and social exclusion. Natural Resource Management: Environmental degradation, deforestation, soil erosion, and water scarcity affecting agricultural productivity and rural livelihoods. Social Issues: Gender disparities, lack of access to healthcare and education, child labor, and social exclusion of marginalized groups. Policy Implementation Gaps: Inefficient governance structures, bureaucratic delays, and insufficient coordination among stakeholders impacting program effectiveness and outcomes. Conclusion: Rural development is essential for achieving inclusive and sustainable growth, reducing regional disparities, and enhancing the overall quality of life in rural communities. It requires comprehensive strategies, targeted interventions, and multi-sectoral partnerships to address socio-economic challenges and unlock the potential of rural areas as engines of economic development. Effective rural development policies should prioritize inclusive growth, environmental sustainability, social equity, and empowerment of rural populations to create resilient and thriving rural communities.




Oswaal CBSE & NCERT One for All | Class 12 Economics For 2025 Board Exam


Book Description

Description of the Product: • 100 % Updated as per latest syllabus issued by CBSE • Extensive Theory with Concept wise Revision Notes, Mind Maps and Mnemonics • Visual Learning Aids with theoretical concepts and concept videos • NEP Compliance – with inclusion of CFPQ & Learning Framework • • questions issued by CBSE • Valuable Exam Insights – with all NCERT Textbooks questions & important NCERT Exemplar questions with solutions • Exam Readiness – with Previous Years’ Questions & SQP Questions and Board Marking Scheme Answers • On Point Practice – with Self-Assessment Questions & Practice Papers




Handbook of Research on Microfinancial Impacts on Women Empowerment, Poverty, and Inequality


Book Description

One of the major tools of attaining proper development all around the world is complete financial inclusion, such that all classes of people can secure their lifestyles through access to financial services from formal sectors. Expanding access to resources and increasing self-employment opportunities help reduce poverty and improve social development. The Handbook of Research on Microfinancial Impacts on Women Empowerment, Poverty, and Inequality is an essential reference source that discusses the role of financial inclusion in gender equality, as well as economic independence and self-employment. Featuring research on topics such as inequality, collaborative economy, and social responsibility, this publication is ideally designed for policy makers, economic researchers, and academicians seeking coverage on social mobilization, capital formation, capacity building, and pro-poor economy designs.




Economics for B.A. Students Semester II: MJ-2 (As per latest NEP 2020 FYUGP Syllabus for all Colleges and Universities in Jharkhand)


Book Description

This textbook has been designed to meet the needs of B.A. Second Semester students of Economics as per Common Minimum Syllabus prescribed for Ranchi University and other Universities in Jharkhand under the recommended National Education Policy 2020. Maintaining the traditional approach to the subject, this textbook comprehensively covers second semester paper, namely, Introductory Macroeconomics. This textbook acquaints the students with the important concepts of GDP, National Income, Money, Inflation, Functions of Central Bank, Commercial Bank, Regional Rural Bank, Monetary and Fiscal & Trade Policy of the economy.




Indian Economic Development - Class 11 - English


Book Description

Indian Economy on The Eve of Independence On the eve of India's independence in 1947, the Indian economy was predominantly agrarian, with agriculture contributing a significant portion to the national income and employing most of the population. However, it was also characterized by a complex mix of colonial exploitation, poverty, and limited industrialization. Key Features of the Indian Economy Before Independence: Agriculture Dominance: Agriculture was the backbone of the economy, employing about 70-80% of the workforce. Landholdings were generally small, and farmers faced various challenges such as tenancy issues, lack of credit, and dependence on monsoons. Colonial Legacy: The British colonial rule had left a deep imprint on India's economy, with policies often designed to benefit British interests. Industries were concentrated in a few urban centres, mainly for processing raw materials for export. Limited Industrialization: India had a nascent industrial sector, mostly comprising small-scale industries and cottage industries. Major industries like textiles, jute, and steel were in existence but were largely underdeveloped compared to their potential. Trade and Commerce: India's trade was dominated by British interests, with raw materials being exported to Britain and finished goods imported back into India. Infrastructure such as railways and ports primarily served the purpose of facilitating colonial trade. Infrastructure: The infrastructure was inadequate and unequally developed across regions. Railways, though extensive, were largely geared towards transporting raw materials for export rather than promoting industrial growth. Poverty and Social Issues: Poverty was widespread, with a large population living below the poverty line. Social issues such as caste-based discrimination and limited access to education and healthcare persisted. Political Unrest: The economy was affected by political movements and unrest against British rule, which often disrupted economic activities. Challenges on the Eve of Independence: Economic Dependence: India was economically dependent on Britain, both in terms of trade and technology. Infrastructure Deficit: Limited infrastructure development hindered economic growth. Social Issues: Poverty, illiteracy, and social inequality posed significant challenges. Industrial Backwardness: The industrial sector was underdeveloped, leading to limited job opportunities outside agriculture. In summary, the Indian economy on the eve of independence was characterized by its agrarian base, colonial exploitation, limited industrialization, and significant social and economic challenges. The period following independence would witness efforts to address these issues through economic planning, industrialization policies, and social reforms aimed at transforming India into a modern nation.




Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth


Book Description

Microfinance is a broad variety of services, such as microcredit, for entrepreneurs and small businesses lacking access to banking and other financial services. As many smaller businesses and entrepreneurs may not be able to secure credit services, many microfinance promoters believe that it encourages entrepreneurial activities and inclusive growth. Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth is an essential resource that empirically explores the role of microfinance in entrepreneurship development and the operational sustainability of microfinance institutions. It also highlights the impact of microfinance on entrepreneurship development in different countries and regions. Featuring coverage on a broad range of topics such as risk management, women entrepreneurship, and strategic management, this book provides essential research for entrepreneurs, business managers, policy makers, researchers in the field of finance, and business professionals seeking relevant research on microfinance systems.