Significance of Establishing Linkages with Self-Help Groups and Banks
Y.S.Nanda, NBARD, India
6. Conclusion
Encouraged by the response of banks in India to the linkage project and favourable reports referred to earlier, NABARD has decided to intensify the programme. It is expected that during 1994-95, 2000 SHGs would be linked to banks and by the end of March 1997, the linkage would have exceeded 10,000 SHGs covering around 200,000 families and around 1 millin people in rural areas. Besides improving the outreach of the formal banking system, it would also enhance the quality of credit in rural areas, promote people's participation, self-help and grass roots institutions.
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