The much-waited Micro Finance Bill is likely to see the light of day during the upcoming Budget Session as the government is doing the groundwork to reintroduce it. “Micro finance is growing at a fast pace. However, it is neither regulated nor supervised. A Bill will give more legitimacy to the sector. We are trying to complete the work and reintroduce the Bill in the upcoming budget session of Parliament,” said an official in the ministry of finance.
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Categories: Microfinance Sector