A PERSPECTIVE STUDY ON COMMUNITY DEVELOPMENT THROUGH THE IMPLEMENTATION OF MICRO FINANCE PROGRAMMES AND FINANCIAL INCLUSION

Abstract

Generally, Indian society consists of heterogeneous groups with wider different culture, religion, pattern and lifestyle. Community development programmes were initiated since from the days of independence. The main aim of implementing CD programme is to reduce interpersonal and intrapersonal disparities and also reducing inequalities of income distribution. Prominent CD Programmes in India have so far been initiated at various zones in various states. But at the same time the desired results were not been achieved. Poverty reductions as well as eradication of illiteracy, creation of social assets, social infrastructure, dimensions of development and overall improvement are the important notions of CD Programmes. The Panchayat Raj system especially Amendment 73rd clearly envisages giving more autonomy to local bodies in achieving community development. The existence of growth pockets as well as depressed pockets consumes larger plan allocations in India. Since, the command area project achieved the overall economic growth and societical development. This paper clearly reveals the way in which of attaining inclusive growth with the main aim of quicker accessibility of credit and overall rural development. Most of the programmes under the instruction of Niti Ayog sustainable rural development and creating of social infrastructure in the rural areas are the main thrust as well as priority oriented schemes. A deliberate attempt was made by the researchers to focus the main theme of rural development with suitable financial inclusion strategies.