The Microfinance Review

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Convergence between NRLM-led Microfinance Sector and Government Programmes for Social Development and Economic Empowerment


Affiliations
1 DEAR, NABARD, Mumbai, India
     

   Subscribe/Renew Journal


Against the backdrop of persistent 'multi-dimensional human development' needs, this paper builds a case for convergence of several isolated programme with National Rural Livelihood Mission (NRLM) to avoid duplication of efforts. This paper finds that microfinance and empowerment form a complex, unsystematic and amorphous relationship, whereby actual role of commercialised microfinance in causing empowerment becomes debatable. Microfinance/ financing have to lose centrality in favor of multifarious NRLM, whose leading objective is to promote social action, livelihoods and social awareness. 'Stand-up India' may be converged into NRLM due to the commonality of objectives. Need for complete (socialeconomic) convergence of all development programmes with NRLM based on common objectives is observed.


Keywords

Microfinance, NRLM, Empowerment.
User
Subscription Login to verify subscription
Notifications
Font Size

  • Bakshi, Rajni (2009): “Bazaars, Conversations and Freedom: For a Market Culture Beyond Greed and Fear”, Penguin Books, New Delhi.

  • Banerjee, Sreejata and S J S Swamidoss (2005): “Structural Issues in Empowerment under Microfinance”, Microfinance Challenges: Empowerment or Disempowerment of the Poor? Eds, Isabelle Guerin and Jane Palier, French Institute of Pondicherry, Pondicherry.

  • Chintala G R and Gyanendra Mani (2009): “Is Convergence of SHGs and SGSY Approaches of Lending a Necessary Condition for the growth of Microfinance Sector in India?”, The Microfinance Review, Vol.1 (1), pp 121-130.

  • Dhanjal, Swaraj (2014): “SHG-Bank Linkage Programme: A Successful but Flawed microfinance programme”, Discovering Chennai, 7 April. (https://discoveringchennai.wordpress.com/2014/04/07/shg-bank-linkage-program-a-successful-but-flawedmicrofinanceprogram/)

  • Goethe, Johann Wolfgang von 1774 (2012): “The Sorrows of Young Werther”, Ed. Nathan Haskell Dole, Tr. Sir Walter Scott (website edition).

  • Guerin, Isabelle and Jane Palier Eds. (2005): “Microfinance Challenges: Empowerment or Disempowerment of the Poor?”, French Institute of Pondicherry, Pondicherry.

  • Hoare, Quintin and Geoffrey Nowell Smith, Ed. & Tr. (2007): “Voluntarism and Social Masses” pp 202-205 in Selections from Prison Notebooks of Antonio Gramsci, Orient Longman, Chennai.

  • Jal, Murzban (2010): “Whither India” in The Seductions of Karl Marx, Aakar Books, Delhi Jaya R (2010): “Implementation of the SGSY Scheme: Need for a New Orientation to Administration”, The Microfinance Review, Vol.1 (2).

  • Kumar, Mohinder (2015): “Distinct Models of SHG Micro Enterprises Organised in Diverse Regions of Jammu and Kashmir”, The Microfinance Review, Vol.8 (2).

  • Levy, Neil (2007): “Sartre and Phenomenology” in Sartre, Oneworld, Oxford.

  • Mani, Gyanendra and Suparna Tandon (2015): “Microfinance in Distressed Areas of Jammu & Kashmir, Rajasthan and Andhra Pradesh: Some Issues”, The Microfinance Review, Vol.8 (2), pp 92-106.

  • Marcuse, Herbert 1964 (2007): “One-Dimensional Man-Studies in the Ideology of Advanced Industrial Society”, Routledge and Kegan Paul, London.

  • Marx, Karl and Frederick Engels (1976): “The German Ideology”, Progress Publishers, Moscow.

  • National Bank for Agriculture and Rural Development (2016): Status of Microfinance in India 2015-16, MCID, NABARD, Mumbai.

  • NIRD and NMMU (2016a): Convergence Protocols for NRLM, 24 February, GoI, New Delhi.

  • - (2016b): NRLM Handbook on Community Capacity Building, 24 July, GoI, New Delhi.

  • NRLM (2015a): National Rural Livelihoods Mission: Mission Document, 13 January, GoI.

  • - (2015b): Aajeevika Skills, 13 January, GoI, New Delhi.

  • - (2015c): NRLM: Framework for Implementation, 13 January, GoI, New Delhi.

  • - (2015d): NRLM: Framework for Partnership with Resource Organisations, 13 January, GoI, New Delhi.

  • - (2015e): Framework for Partnership between SRLM, Community Federation and NGO for Field Implementation of NRLM Activities, 13 January, GoI, New Delhi.

  • - (2015f): Mahila Kisan Shashktikaran Pariyojna (Agriculture), 13 January, GoI, New Delhi.

  • - (2015g): Mahila Kisan Shashktikaran Pariyojna for Women Non-Timber Forest Produce Collectors, 13 January, GoI, New Delhi.

  • - (2015h): Guidelines for Start-up Village Entrepreneurship Programme: A Sub-scheme under NRLM, 13 January, GoI, New Delhi.

  • - (2015i): Young Professional Scheme under NRLM, 13 January, GoI, New Delhi.

  • Nietzsche, Friedrich (2003): Thus Spoke Zarathustra, Tr. R.J.Hollingdale, Penguin Books.

  • Palier, Jane (2005): “Defining the Concept of Empowerment through Experiences in India”, Microfinance Challenges: Empowerment or Disempowerment of the Poor? Eds. Isabelle Guerin and Jane Palier, French Institute of Pondicherry, Pondicherry.

  • Pant, Anoop (2015): Micro-finance, Wisdom Press, New Delhi.

  • Rabindranathan, Sunita (2005): “Historical Analysis of Empowerment and its Present Understanding in the Context of Microfinance”, Microfinance Challenges: Empowerment or Disempowerment of the Poor? Eds. Isabelle Guerin and Jane Palier, French Institute of Pondicherry, Pondicherry.

  • Sahu, Basanta K and K K Tripathy (2009): “Government Operated Self-Employment and Microfinace Programme towards Financial Inclusion and Poverty Alleviation in Rural areas: A Study of SHGs under SGSY”, The Microfinance Review, Vol.1 (1) pp 153-170.

  • Sewell, Rob, Mick Brooks and Alan Woods (2010): What is Marxism, Aakar Books, Delhi.

  • Shetty S L (2012): Microfinance in India: Issues, Problems and Prospects – A Critical Review of Literature, Academic Foundation, New Delhi.

  • Suadnya Wayan, Shankariah Chamala, Muktasam Abdurahman and Rosiady Sayuti (2005): “Empowerment and Microfinance: An Analysis of Theoretical Concepts and Practices – Reflections from a Microfinance Project in Indonesia”, Microfinance Challenges: Empowerment or Disempowerment of the Poor? Eds. Isabelle Guerin and Jane Palier, French Institute of Pondicherry, Pondicherry.

  • Trotsky, Leon 1919 (2006): The Permanent Revolution and Results and Prospects, Eds. Kunal Chattopadhyay, Aninda Banerjee and Saurobijay Sarkar, Aakar Books, Delhi.


Abstract Views: 450

PDF Views: 0




  • Convergence between NRLM-led Microfinance Sector and Government Programmes for Social Development and Economic Empowerment

Abstract Views: 450  |  PDF Views: 0

Authors

Mohinder Kumar
DEAR, NABARD, Mumbai, India

Abstract


Against the backdrop of persistent 'multi-dimensional human development' needs, this paper builds a case for convergence of several isolated programme with National Rural Livelihood Mission (NRLM) to avoid duplication of efforts. This paper finds that microfinance and empowerment form a complex, unsystematic and amorphous relationship, whereby actual role of commercialised microfinance in causing empowerment becomes debatable. Microfinance/ financing have to lose centrality in favor of multifarious NRLM, whose leading objective is to promote social action, livelihoods and social awareness. 'Stand-up India' may be converged into NRLM due to the commonality of objectives. Need for complete (socialeconomic) convergence of all development programmes with NRLM based on common objectives is observed.


Keywords


Microfinance, NRLM, Empowerment.

References