National Rural Livelihood Mission (NRLM) and Financial Inclusion-A Review
Keywords:
Financial inclusion, SHGs, Livelihood, sustainability, Financial LiteracyAbstract
The Deendayal Antodaya Yojana – National Rural Livilihood Mission (DAY-NRLM) is a flagship programme of the Ministry of Rural Development. The main objective of this programme is to alleviate rural poverty through building sustainable community institutions for the poor. The aim of the scheme is to cover in a phased manner, 9-10 crore Indian rural poor households with Self Help Groups so that by means of diversification of livelihood, quality of life can be enhanced (PIB,2024). Financial inclusion is a key component of the Mission. The objective of financial inclusion is to make rural women and their household engaged with the banking system. To achieve this aim the Mission has been engaged with commercial banks at strategic as well as operational level by conducting various workshops, consultative forums and capacity building programs. Under the above background, the paper tries to analyze importance of NRLM Self Help Group (SHG) bank linkage portal and the progress of DAY-NRLM in financial inclusion of the rural poor.
References
1. Government of India, Annual Report, 2023-24, National Institute of Rural Development and Panchayati Raj, Ministry of Rural Development.
2. Government of India, Annual Report, 2024-25, National Institute of Rural Development and Panchayati Raj, Ministry of Rural Development.
3. Gothwal P. Siwach, M. (2023). Livelihood Promotion through National Rural Livelihood Mission: Path Ahead. International Journal of Business Management and Research. 13 (1), pp-98-104.
4. Impact of National Rural Livelihoods Mission on Rural Women - Sambodhi." sambodhi.co.in, 12. July 2023, https://sambodhi.co.in/impact-of-national-rural-livelihoods-mission-on-rural-women/. Accessed 29. Apr 2025.
5. Nandal S. Hooda, S. (2015). Progress and Performance of Self Help Group in Haryana. International Research Journal of Commerce and Science, 6 (10), pp-80-93.
6. Press Information Bureau (PIB). 2024. Achievements under Deendayal Antuodaya Yojana – National Livelihood Mission. Ministry of Rural Development, Government of Inida.
7. Sarkar. S.Lakra, S. Gupta, P.R.K. (2024), Effectiveness of National Rural Livelihood Mission Schemes on the Performance of Self-Help Group, International Journal of Process Management and Benchmarking, 16 (1), PP.19-35. https://pib.gov.in/Press Release Page.aspx?PRID=2043778.
8. Self help groups, microfinance, financial inclusion and social exclusion: Insight from Assam -PMC." pmc.ncbi.nlm.nih.gov, 23. May 2023, https://pmc.ncbi.nlm.nih.gov/articles/PMC10238733/. Accessed 29. Apr 2025.
9. Singh A. Kundu, S. (2021). National Rural Livelihood Mission: Empowering Women in India. Turkish Online Journal of Qualitative Inquiry, 12 (7), pp-7498-7509.
