Paper Title
Outreach Of Microfinance In India

Micro credit and micro finance are commonly used as interchanging words in subject areas. But actually, micro finance is a ‘credit-plus’ program which includes the entire package of financial & non-financial service including credit, saving, insurance, skill up gradation and entrepreneurial development, rendered to the poor for enabling them to defeat poverty and economically empower themselves. The principal focus of micro finance programmes is on facilitating poorer to graduate from the pre-micro-enterprise stage to the micro enterprise stage to and in successfully accessing credit from financial intermediaries. Now its scope has been widened, micro credit is provided not only for productive purpose but also for livelihood promotion and daily consumption needs. The present article is an attempt to evaluate the current status and outreach of microfinance in India. Keywords— Microfinance, Credit-Plus, entrepreneurial, Financial Intermediaries, Productive Purpose.