• Mahandra Bhujel

In a developing country and with 2nd largest populated country of the world (approx 1.38 billion population in 2022), out of that 65% are belonging from rural area and only 35% are belonging from urban area. More than 50% of the total populations are unemployed during 2012-2020. Highest unemployment rate found in the 2nd quarter of the year 2020 (approx 63.6%) due to COVID-19 pandemic. Now, Microfinance (MF) is a backbone for improving of national economy of India as well as self-dependent by the way of providing financial inclusion to poor and low income groups. It works as a tool for socio-economic upliftment, empowering women and increasing the household income of rural part of India. In other word, it is a tool for development and reduces poverty.

MFI, COVID, MF, SEWA, SHG, NABARD, JLG, GDP, MFIN, NCAER, RFAS

"MICROFINANCE IN IMPROVING OF NATIONAL ECONOMY ESPECIALLY IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 8, page no.b635-b640, August-2022, Available :http://www.jetir.org/papers/JETIR2208173.pdf

"MICROFINANCE IN IMPROVING OF NATIONAL ECONOMY ESPECIALLY IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 8, page no. ppb635-b640, August-2022, Available at : http://www.jetir.org/papers/JETIR2208173.pdf