STH Annual Economic Conclave in New Delhi India
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“STH ANNUAL ECONOMIC CONCLAVE IN NEW DELHI INDIA”
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Topic poll · all networksWhich barrier most blocks India's poor from economic progress?
India's SHG-Bank Linkage is the world's largest microfinance program!
NABARD launched this program in 1992. Today 12 million+ self-help groups — mostly women — are bank-linked, collectively managing savings and loans for ~100 million low-income members across rural India.
In 1991, India airlifted 67 tonnes of gold to avoid collapse!
At the height of its balance-of-payments crisis, India pledged gold to the Bank of England and Bank of Japan as collateral for emergency IMF loans. That crisis triggered the sweeping market liberalization reforms India still builds on today.
Topic poll · all networksWhat will most determine India's digital finance success?
