A study of microfinance and poverty alleviation with special reference to Assam
One of the North Eastern States Assam has a great potentiality of employment generation, but it has a low opportunity in getting employment. It has been facing the problem of low entrepreneurship development till now. More than 30% (2012) people are still in the trap of vicious circle of poverty and about 27 % people are fighting with illiteracy. The capital deficiency is the main problem behind low employment and low-income generation. Therefore, the present economic condition of Assam needs more entrepreneurs for generating employment and reducing poverty.