Financial Inclusion in Microfinance- A Case of North East India

Abstract

Microfinance has played an important role in the process of financial inclusion of the people left out by the financial system due to the unviable nature of clients and low returns for the banking industry. The present study attempts to explore the secondary data with respect to microfinance published annually by NABARD from 2008 to 2019. This study attempts to look into the trends of financial inclusion in India under the microfinance sector in North-Eastern India. The research question is” when the region has similar problems of huge infrastructure gaps, political, law and order problems, how has this sector moved over the years. This is a descriptive study on the following variables viz; bank linkage, saving, credit linkage, credit disbursement, credit outstanding, and non-performing assets of self-help groups handling microfinance.