Microfinance in Indian –A tool for Poverty Eradication, Economic Empowerment and Inclusive Growth

Microfinance is typically a mechanism to allow low- income earner or those individuals who do not have the access to the banking services. The role of Microfinance towards poverty alleviation and employment generation cannot be over emphasised. The present study the issues relating to the microfinance and its impact on the Poverty Eradication, Economic Empowerment and Inclusive Growth. The study concluded that the role of Microfinance Institutions and SHG- Bank Linkage Programme has proved to be the effective tool for providing better life to the rural masses by giving better access to easy finance.