stdClass Object ( [id] => 10578 [paper_index] => 202305-02-013253 [title] => A RESEARCH ON THE IMPACT OF MICROFINANCE ON INDIA'S ECONOMIC DEVELOPMENT [description] => [author] => Sruthymol Joseph [googlescholar] => https://scholar.google.co.in/scholar?cluster=5838176278809068960&hl=en&as_sdt=0,5 [doi] => [year] => 2023 [month] => May [volume] => 8 [issue] => 5 [file] => 308pm_20.EPRA JOURNALS13253.pdf [abstract] => The Indian economy is characterized by a slow rate of development, a large rural population, an over-reliance on agriculture, a high rate of unemployment and poverty, among other factors. Some recently developed solutions, including micro financing, are playing a crucial role in helping to solve these issues. Microfinance plays a crucial role in the lives of small business owners and residents of rural areas. Rural residents have very limited access to institutionalized credit, thus microfinance acts as a blessing for them by helping them to resolve their financial issues. In a developing nation like India, microfinance is viewed as an instrument for socioeconomic advancement. It is anticipated to have a big impact on development and reducing poverty. The importance of microfinance in Indias economic development is highlighted in this study. [keywords] => Microfinance, Institutionalized credit, Poverty alleviation, Developing country [doj] => 2023-05-15 [hit] => 1984 [status] => y [award_status] => P [orderr] => 20 [journal_id] => 2 [googlesearch_link] => https://www.google.com/search?q=A+RESEARCH+ON+THE+IMPACT+OF+MICROFINANCE+ON+INDIA%27S+ECONOMIC+DEVELOPMENT+Sruthymol+Joseph&rlz=1C1CHBD_enIN959IN959&sourceid=chrome&ie=UTF-8 [edit_on] => [is_status] => 1 [journalname] => EPRA International Journal of Research & Development (IJRD) [short_code] => IJSR [eissn] => 2455-7838 (Online) [pissn] => - - [home_page_wrapper] => images/products_image/2-n.png ) Error fetching PDF file.