.............“We are hopeful that the Bill will be cleared by the Standing Committee, then brought to Parliament for passage. Once the Bill is passed, I hope that it will provide an adequate legislative framework for the entire gamut of micro-finance services,” .......
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1 comment:
FM has raised a very significant issue. During the reform days, starting circa 1991, the existing infrastructure and human resources in the financial sector have been totally neglected. The present observation of the FM flags the need to focus on up-skilling the existing manpower, utilising the institutional infrastructure available in the form of MFIs, cooperatives etc by appropriate policy support from GOI and state governments.
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