{"id":27152,"date":"2019-11-24T09:29:08","date_gmt":"2019-11-24T09:29:08","guid":{"rendered":"http:\/\/greenbandhavgarh.in\/?p=27152"},"modified":"2020-04-02T14:49:13","modified_gmt":"2020-04-02T14:49:13","slug":"why-inequality-if-there-is-growth","status":"publish","type":"post","link":"https:\/\/greenbandhavgarh.in\/index.php\/2019\/11\/24\/why-inequality-if-there-is-growth\/","title":{"rendered":"Why inequality if there is growth?"},"content":{"rendered":"\n\n\n<iframe style=\"width:120px;height:240px;\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" frameborder=\"0\" src=\"\/\/ws-in.amazon-adsystem.com\/widgets\/q?ServiceVersion=20070822&#038;OneJS=1&#038;Operation=GetAdHtml&#038;MarketPlace=IN&#038;source=ac&#038;ref=tf_til&#038;ad_type=product_link&#038;tracking_id=1234506fbb-21&#038;marketplace=amazon&#038;region=IN&#038;placement=B081S9DW6K&#038;asins=B081S9DW6K&#038;linkId=050759d15aa9b0a3bc3ddc4fcaf6b356&#038;show_border=false&#038;link_opens_in_new_window=false&#038;price_color=333333&#038;title_color=0066c0&#038;bg_color=ffffff\">\n    <\/iframe>\n\n\n\n<p><a href=\"https:\/\/kuldipmaity.blogspot.com\/2019\/11\/micro-finance-in-todays-india_21.html?fbclid=IwAR30AsqA7niJHEqp-5ARuy49BPuGsJTMqcfgz5fCJAiwKxGqoJDjEUjL_pU\">https:\/\/kuldipmaity.blogspot.com\/2019\/11\/micro-finance-in-todays-india_21.html?fbclid=IwAR30AsqA7niJHEqp-5ARuy49BPuGsJTMqcfgz5fCJAiwKxGqoJDjEUjL_pU<\/a><\/p>\n<p>There are two points : About 50% of the disbursed amount goes towards ever-greening of the portfolio of each other (multiple accounts,multiple loans, multiple MFIs all with 99% recovery, at the same place explains this) ; and the rate of growth for some has reached over 60% which is not commensurate with the growth of GDP. Why is it not able to bridge the inequality Gap?<\/p>\n<p>Anjali was a poor wage woman barely survived with 4 other family members when she joined a self help group(SHG) to save a bit everyday out of the earning.\u00a0 She handed over\u00a0 about Rs. 10 to the SHG kitty as her share. <!--more--><\/p>\n<p>She and all her friends at the SHG wondered as to how far this small savings would take them as the requirements were bigger,\u00a0 and even if they managed the money, there were other reasons why they could not have taken up\u00a0 the journey towards development.\u00a0 But micro-finance came up, and money was at last became available. But the limitations did not go away.\u00a0 \u00a0To take a step forward has been still difficult;\u00a0 going from that point to the next requires hand-holding of some orgaization which is ot always forthcoming.<\/p>\n<p>The aspirations have gone high.\u00a0 The capabilities\u00a0 have not exactly\u00a0 developed.\u00a0 It has to be bottom up, and everybody should feel the height.\u00a0<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Microfinance has helped a certain category people, but the grassrootis still beyond it<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><!-- AddThis Related Posts generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":742,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89],"tags":[100,98,101],"class_list":["post-27152","post","type-post","status-publish","format-standard","hentry","category-economy-and-foreign-policy","tag-micro-fiace","tag-self-help-group","tag-weekly-saving"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Why inequality if there is growth? 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