Microcredit in addressing food security of India

Author: 
Prabakar, C. and Sita Devi, K.
Abstract: 

India is moderately successful in guarding the vulnerable sections of the population against the insufficiency of food supply. Despite its achievements, malnutrition is a serious problem particularly among rural poor. Pursuant to this conception, a study was undertaken with the general objective to analyse the performance and prospects of microcredit innovation in meeting sustainable household food and nutritional security in Cuddalore District of Tamil Nadu (India). The results of the study indicated that the rural people have been vastly benefited by microcredit. The various analyses undertaken in different dimensions reveal that in rural India the micro credit by way of Self Help Groups has contributed immensely for pushing back poverty and enhancing food security especially nutritional security which is one among the important food system challenges to be addressed with, in developing and under developed economies of the globe. It was concluded that the microcredit innovation would go a long way in attaining sustainable household food and nutritional security in rural areas of any economy.

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