Author/Authors :
Rupnawar، Vasantrao D. نويسنده College ofCommerce, Science. & Compter Education, Malegaon (Bk.), Tal: Baramati, Dist.: Pune, India. , , Kharat، Rahul S. نويسنده Department of Commerce, M.S.K College, Someshwarnagar, Tal: Baramati, Dist.: Pune, India. ,
Abstract :
Micro finance plays an important role for upliftment of rural India. It has emerged in
India in late 80’s to fulfill the need of poor families to who Banks & financial institutes
denies loan as they don’t have security/mortgage. Even today more than 60% population
resides in Rural India and they are directly or indirectly depend upon agriculture to fulfill
their needs and more than 75% of the farmers are in economically worsening condition.
As they don’t get financial assistance from Banks & financial institutions, to fulfill their
economic needs concept of Micro Finance introduced by socialists & experts in the field of
economics & agriculture. And to provide finance to Farmers Joint Liability Groups (JLG)
are formed to meet small farmer’s financial need. So, this research paper focused on role
and performance of Joint Liability Groups in Micro Finance in the uplift of Agriculture
and rural India for financial year 2010-11 & 2011-12.