Importance of Micro Finance In The Envelopment Of Village Cottage Industry

Abstract

The handicrafts, small scale and medium scale industries manufacturing play a dominant role in programmes for rural development. The promotion of these industries leads to an improvement in social and economic conditions; and an overall balance of rural and urban industrial activities, which in turn, retards migration of labour from rural to urban areas. Socioeconomic improvement in the rural set up is crucial which need improvement in the allied sectoral activities. Rural development is a holistic approach of development. There are so many item to analyze the r ural development issue. Here two items ( self-employment and micro-finance) have chosen to elaborately discuss about it. Self-employment and micro-finance closely related with each other in the rural development aspect. It’s a case study on Jari embroidery industry which is non- agricultural base. Methodology of the study followed simple random sample techniques for survey within jari workers family and units. Major findings are mainly rural women are involved in this work in family and joint sectors but in unit sectors young male are engaged. Working female also connected with SHGs to enhance their livelihood.