Motivation of Micro Finance Institutions
It was a great opportunity for me to attend this Conclave on Financial Inclusion, under the aegis of Meghalaya Basin Development Authority, Government of Meghalaya, Shillong. The beginning coincides with the beginning of the 12 th Five Year Plan of the Government of India and as was communicated it is coterminus as well. Micro Finance Institutions (MFIs) are the key players in helping and supporting the cause of financial inclusion. Grameen Bank which was established in Bangladesh to help poor in improving their livelihood conditions has pioneered the movement of MFIs all across the globe. SKS was a great success story for India, however its fate is not less known by its stakeholders as well as the patron of all, the government. It is really nice to hear policy makers, bankers, MFI representatives etc who show their concern for poor and poverty through their talks and data support. I shall like to vent my views on the issues discussed in the conclave little differently,