financial sector. 􀂐 The central government may establish a Micro Finance Development Council to advise NABARD on formulation of … policies related to the micro financial sector. 􀂐 NABARD shall constitute a Micro Finance Development and Equity Fund to be …

. [Plenary Lecture at the conference “Economic Policies for Inclusive Development†organized by Ministry of Finance …, Government of India and National Institute of Public Finance and Policy at New Delhi.] …