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100 _aMalhotra, Nishi and Baag, Pankaj Kumar
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245 _aImpact of Covid-19 on the income of entrepreneurs who borrowed from SHG
260 _aJournal of Human Values
300 _a29(2), May, 2023: p.153-167
520 _aThe COVID-19 pandemic has shaken the world. After liberalization in 1991, microfinance became a panacea for poor people without collateral and information asymmetry. The higher cost of microfinance and debt traps highlighted the need for the state to intervene in resource redistribution. In addition, national lockdowns and COVID-19 restrictions have made it difficult for emerging economies like India to achieve this sustainable development goal. The Reserve Bank of India introduced self-help group (SHG) bank linkage to ensure the financial inclusion of the poor. The difference-in-difference method examined how SHGs affect entrepreneur households’ income. CMIE Consumer Pyramid dx data were used for analysis. The data establish that SHGs have increased the income of the households, and demographic factors such as education, income level and gender also impact the financial inclusion of the poor. – Reproduced https://journals.sagepub.com/doi/abs/10.1177/09716858231154396
650 _aCOVID-19 pandemic, Liberalization, self-help group, SHG, Poor, Household income
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773 _aJournal of Human Values
906 _aSELF HELP GROUPS
942 _cAR