IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-79926-7_14.html
   My bibliography  Save this book chapter

How Microcredit Supports the Employability in the New Normal Era? A Study on Rural Backdrop of India

In: New Business Models in the Course of Global Crises in South Asia

Author

Listed:
  • Srimoyee Datta

    (Bengal Institute of Science & Technology)

  • Tarak Nath Sahu

    (Vidyasagar University)

Abstract

The study seeks to foster fresh empirical evidence on how microfinance institutions can act as a saviour in the pandemic crisis. In today’s time, the outspread of corona bringing up many negative consequences into our lifestyle. We are bound to adopt the new normal lifestyle to sustain in this crisis. Among other changes beyond health, unemployment or losing of job emerges as an intimidating issue in world economy. Microfinance institution with its social service motive can show the way to venture into self-income opportunities and help to generate employment for others. This study observes the outreach of MFIs in two blocks of Purulia and their involvement into employment generation. Composed of 300 borrowers and applying multiple regressions, this study shows that employment generation has a positive association with the micro ventures.

Suggested Citation

  • Srimoyee Datta & Tarak Nath Sahu, 2021. "How Microcredit Supports the Employability in the New Normal Era? A Study on Rural Backdrop of India," Springer Books, in: Amina Omrane & Sudin Bag (ed.), New Business Models in the Course of Global Crises in South Asia, chapter 0, pages 243-256, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-79926-7_14
    DOI: 10.1007/978-3-030-79926-7_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Peng & Li, Zeyun & Ghardallou, Wafa & Xin, Yan & Cao, Jie, 2023. "Nexus of institutional quality and technological innovation on renewable energy development: Moderating role of green finance," Renewable Energy, Elsevier, vol. 214(C), pages 233-241.
    2. Chang, Lei & Mohsin, Muhammad & Hasnaoui, Amir & Taghizadeh-Hesary, Farhad, 2023. "Exploring carbon dioxide emissions forecasting in China: A policy-oriented perspective using projection pursuit regression and machine learning models," Technological Forecasting and Social Change, Elsevier, vol. 197(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-79926-7_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.