THE CONTRIBUTION OF MICROFINANCE INSTITUTIONS TO TELANGANA'S ECONOMIC AND SOCIAL DEVELOPMENT

Households in developing countries such as India requires finance for a variety reasons , consumption and meeting lump expenses like a marriage and illness and most importantly for income generation activities. Since credit essential for meeting critical needs, access to credit is crucial for maintaining and improving the social and economic conditions of households. [...]adequate credit and reasonable cost is important for socio economic development. Scope and Importance of the Study: The present research was to study the critical study of role of micro financial institutions in promoting socio economic development the country by promoting SelfHelp Groups. [...]it is necessary to work in this area.