On April 4, 2013, Sambhram School of Management organized NABARD Sponsored one day National Seminar on “Inclusive Growth and Microfinance Access” having 58 participants from 26 Colleges from Karnataka, Andhra Pradesh, Tamil Nadu, Rajasthan and Odisha.


The Inaugural ceremony was started at 10.15 am welcoming florally the galaxy of intelligentsia –the Chief guest Dr.Nelliappan, Director (HR), BEML Ltd, the Guest of Honour, Mr.S.N.A Jinnah ,General Manager, NABARD, Karnataka Region, Mr.V.K.Saigal, General Manager, Financial Inclusion & Regional Rural Banks Dept, Syndicate Bank Corporate office, Mr. A K Nanda, GM (HR), BEML Ltd, Mrs. Indumati Sahoo, DGM NABARD, Dr.B.B.Sahoo, Assistant General Manager, NABARD, Karnataka Region, Mr. Bharat Kumar, AGM, NABARD, Mr. S. Ramesh, AGM, NABARD, Dr. K.C. John, Principal, Sambhram School of Management, Dr.K.C. Mishra, Director, Sambhram School of Management.


Dr. K.C. John overwhelmingly gave the welcome address and pointed out some aspects of Microfinance. Secondly Dr .K.C. Mishra informed the invention of Microfinance by Dr.Mohammad Younus, Professor of Chittagong University, Bangladesh who saw poverty in his country and struggled hard to remove it from his country from the grass root level and received Nobel prize. Later S.N.A Jinnah attracted the audience by stating that as vaccination is against polio, in the same way microfinance is against poverty followed by a debate if private money lenders should exist?


Then the proceedings of the seminar was released by the dignitaries that remarked the sense of pride and achievement. Dr. M. Nelliappan quoted that financial inclusion is nothing but economic inclusion and doubted whether microfinance reaches all. Lastly, the inaugural session ended with Mrs. Arpita, Assistant Professor, Sambhram School of Management extending vote of thanks.


Followed by inaugural session Panel Discussion took place. The panel discussion was chaired by Mr.S N A Jinnah having panelists Mr. Saigal and Dr. B.B. Sahoo on the topic “TOWARDS AN INDIAN ECONOMY OF FINANCIAL INCLUSION WITH MICROFINANCE ACCESS TO THE NEEDY”. The panel discussed the aspects regarding the importance of agricultural development, financial counseling, factors influencing financial counseling, lead price scheme, village adoption scheme and technology connectivity problems. Queries of some faculty members were replied by the panelists.


Subsequent to this, there were two plenary sessions. Plenary session - I was led by Dr.B.B.Sahoo on the topic “THE MICROFINANCE REGULATORY FRAMEWORK: THE STATUS OF WOMEN ENTREPRENEURS AND ROLE OF TECHNOLOGY IN FINANCIAL INCLUSION”. The speaker emphasized the role of women in SHG and the combined role of SHG and banks. He insisted on the change of leadership in SHG for every two years to attain the transparency and good governance.


The topic for the plenary session - II was “ROLE OF BUSINESS CORRESPONDENTS AND BUSINESS FACILITATORS IN FINANCIAL INCLUSION”. The speaker Mr. Bharath Kumar AGM, NABARD unveiled the importance of Business correspondents and business facilitators in the financial upliftment of the rural and remote places where the banks cannot have their branches. He explained the technology enabled services in the form of hand held machines taken to the customer at his workplace itself. The speaker also exclaimed that these services are proven cost benefit test also.


There were three parallel presentation tracks.

Track 1: Session Chair: Mr.R. Bharath Kumar, AGM, NABARD

Theme of the papers presented:


  • Microfinance Schemes: An Initiative for Rural Women Entrepreneurship
  • Microfinance and Corporate Governance
  • Women Entrepreneurship-Turning Challenges in to Opportunities
  • Women Empowerment and Inclusive Growth
  • Factors Favouring Progress of Woman Entrepreneurship
  • Women Entrepreneurship through Micro Finance in Uttara Kannada District, Karnataka, India


Track 2: Session Chair:  Dr. B.B. Sahoo, AGM, NABARD

Theme of the papers presented:


  • Self Help Groups and Micro Finance - A Study of the Women SHGs in Southern Tamil Nadu
  • Problems of Rural Women Entrepreneurship in Karnataka
  • Women Entrepreneurship in Small Scale Industries of India
  • Women Entrepreneurship
  • Women Entrepreneurship – Problems and Challenges
  • Measuring Financial Inclusion


Track 3: Session Chair: Dr. K. C. Mishra, Director, Sambhram School of Management

Theme of the papers presented:


  • Measuring the Social Impact of Microfinance
  • Women Entrepreneurship – A Way to Women Empowerment
  • Amplifying the Concerns of Microfinance in India
  • Responsibility of Micro Finance in Development of Indian Financial System
  • Women Entrepreneurship: Case of Sericulture activity in Karnataka
  • Microfinance in India


The presenters meticulously presented their papers inviting plethora of questions from the audience. There was enough interaction between the presenters and the audience.


The valedictory function began at 5 pm. Prof. H.A. Raghavendra presented the Seminar Declaration. The participants shared their experiences of this Seminar. The certificates were distributed to all participants along with printed copy the seminar proceedings. Mrs. Shubha Gaikwad and Mrs. Manjula Shekhar were conferred with the Best paper Award of Rs. 1,00,000 in kind. Dr. K.C. Mishra proposed vote of thanks and declared the curtain down till another program of such kind do take place.

Seminar Declaration

  1. Self Help Groups should be encouraged to achieve Microfinance access
  2. Equity among beneficiaries of Microfinance is need of the hour.
  3. Financial counseling should be speeded up
  4. Importance should be laid on agricultural development.
  5. Technology based services in Microfinance activity and its transparency can speed up the rural development.