"Micro credit is about building rural economy. Corona crisis has given the industry an opportunity to aid in creating a strong rural economy. Creating a strong independent rural economy will not only halt rural to urban migration but in the years to come, the migration will be urban to rural," Yunus said at a webinar by microfinance industry.
According to an order issued by the mines ministry on June 3, the system of embedded clearances will be tried in at five green-field blocks in each mineral-rich state on a pilot basis, with the intent to scale it up over time.
