ABSTRACT

This book discusses women-oriented microfinance initiatives in India and their articulation vis-à-vis state developmentalism and contemporary neo-liberal capitalism. It examines how these initiatives encourage economically disadvantaged rural women to make claims upon state-provided microcredit and connect with multiple state institutions and agencies, thereby reshaping their gendered identities. The author shows how Self-Help Group (SHG)-based microfinance institutions mobilise agency and create channels of empowerment for women as well as make them responsible for alleviating poverty for themselves and their families. The book also brings out the importance of factoring in women’s dissenting voices when they negotiate developmental projects at the grassroots level.

Rich in empirical data, this volume will be useful to scholars and researchers of development studies, gender studies, economics, especially microeconomics, politics, public policy and governance.

chapter |33 pages

The paradox of SHG-banking

Microfinance and neo-liberal governmentalities

chapter |29 pages

1 The ascendance of SHG-based microfinance

‘Win–win' in India

chapter |19 pages

Becoming micro-banks

Generating capital, building discipline

chapter |17 pages

1 Evaluating the self

Distributing resources, containing risks

chapter |20 pages

Managing micro-banks

How much autonomy? Whose responsibility?

chapter |23 pages

1 The ‘imperfect translation' of SHG-banking

Autonomised bankers, ‘vulnerable' women

chapter |25 pages

1 Female entrepreneurship and the SGSY

Subverting policy, surviving poverty

chapter |18 pages

Learning about the state

A pedagogic reversal

chapter |34 pages

Conclusion