Micro-finance is in a "danger zone" and to think that poverty alleviation in India is possible through this "discredited model" is "crap", Rural Development Minister Jairam Ramesh said today. "Nothing can stop an idea whose time has gone. And micro-finance is in a danger zone. It is a discredited model. It has raised more questions that it has answered," the Minister said in his valedictory address at the Micro finance summit here.....
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