The decision to host a Microfinance Awards this year is something that we at the Reserve Bank have been contemplating for some time. We believe that greater recognition needs to be given to those special individuals and micro enterprises that play a critical role in alleviating poverty, providing employment and income to many needy families, particularly those living below the poverty line.
They are also an important component and complement the national efforts to promote and support greater financial inclusion. The Microfinance Awards are an initiative of the National Financial Inclusion Taskforce.