PurposeThe purpose of this paper is to analyse the issues and concerns of Indian rural credit, which is a powerful tool for enhancing production and productivity and for poverty alleviation. Further it highlights some of the strategies adopted by Reserve Bank of India (RBI) to increase the rural credit facilities in the rural area of India.Design/methodology/approachThe various tools of rural credit are analysed in detail. The Regional Rural Bank (RRB) who play a vital role in increasing the rural credits is studied. Self Help Group (SHG)‐Bank Linkage model of NABARD which creates an interface of the informal arrangements of the poor with the banking system is also analysed in detail.FindingsRural credits serve as a tool for providing a sustainable livelihood for millions of rural Indians who don't have a means of livelihood. Several organisations like RRBs, Microfinance Institutions, NABARD, etc. are playing a major role in providing rural credit facilities to rural India. Reserve Bank of India (RBI) is formulating and regulating the policies and procedure to make the rural credit facilities available to most of the needy. In spite of several efforts put up by various organisations to increase the rural credit facilities, several challenges will prevail in the years to come.Originality/valueThese aspects of the financial sector remain undervalued in mainstream literature on rural credit. With India being a nation in which more than 70 percent of people live in rural areas and rural credit being a powerful, and the only, tool for rural people in providing a means of livelihood, its importance and potential should be known to each individual.
Medical tourism has seen rapid growth in the past few years in Manipur from neighboring states as well as countries, particularly Myanmar. Manipur is also trying to be on the medical tourism map of India with eminent medical practitioners across the state trying to take advantage of the Act East Policy of the Indian Government. Manipur witnessed a significant investment in healthcare over the last decade. With the emergence of some of the eminent hospitals and research institutes with advanced technology in the state, the diagnosis of many of the complicated medical problems are done effectively with minimal cost. The prospect looks bright, but challenges such as tag of being a ‘disturbed area' and complex visa procedures for foreign nationals could constraints to the exponential growth of medical tourism in Manipur, especially from neighboring countries. The chapter is an attempt to study the prospects and challenges of medical tourism in Manipur. The study is exploratory in nature with insights from available literature and data from various sources.
India’s Assam silk products are well known and popular across the globe but have been facing stiff competition from numerous competitors. In this regard, there is a need to analyse the sustainable competitive advantages of Assam silk products to devise defensive strategies to sustain the age-old industry. Therefore, the purpose of this study was to identify the sustainable competitive advantages of the Assam silk products from buyers’ and sellers’ perspectives. Data were collected from 200 sellers and buyers through a standardised structured questionnaire; namely, the Buyers’ and Sellers’ Agreement Scale (BSAS). We employed the one-sample and independent-sample t-tests for the data estimation. The findings indicated that the Assam silk products had different levels of sustainable competitive advantages that mainly included quality, geographical indications, designs, durability, customer loyalty, customer base, timely delivery, product differentiation, product uniqueness, and innovation. The findings were new because this was the first study that identified the sustainable competitive advantages of India’s Assam silk industry, which occupies a significant position in the world. The study will benefit India’s Assam silk industry in devising strategies to face the challenges in sustaining and growing its business for a long time.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.