Microfinance across the globe is being practiced as a tool to mitigate poverty and chiefly as an empowerment tool to uplift the downtrodden. The paper has uniquely established that Self Help Groups in India have been significantly successful in achieving the objective of economic development of...

Self-help Group is a small economically homogeneous and affinity group of rural poor which is voluntarily ready to contribute to a common fund to be lent to its members as per group decision, which works for group's solidarity, self group, awareness, social and economic empowerment through...

Evaluations of group savings and lending programs have largely focused on average impacts, rather than distributional impacts -- finding modest effects on long-term economic well-being. In this paper, we exploit the randomized roll-out of a self-help group lending program in rural Bihar, India...

Self-help groups, as it evident from research studies, are instrumental in creating awareness and socio-economic development of group members and their families. The groups are formed and run on democratic principles. Generally, homogeneous groups of the same socio-economic background are...

Empowerment of women is one of very important issue in developing countries. As women are integral part of society, her status and participation in decision making as well as economic activities is very low. Microfinance plays very important role in improving women decision making by...

We examine the relationship between geopolitical risk (GPR) and corporate investments considering 395 Indian hotel and restaurant industry firms from 2003 to 2020. The choice of this industry is motivated by the fact that they require recurrent investments in fixed assets. We find a...

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...

The present paper empirically analyses the relationship between Saving, Investment and Growth rate in India. During the period of Financial Liberalization, the popular view that increases in savings are a necessary condition for economic growth is supported with the detected strong direct links...

Equities tend to give high returns accompanied with high risk level. Commodities exhibit similar nature but exhibit inverse return movements compared to equities. Although, Equities and Commodities have risk- return parity, the volume traded in commodities is much larger and have longer trading...