ISSN: 2265-6294

Empowering Rural Growth: The Impact of Regional Rural Banks on Sustainable Development in India

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Thiyam Jitendra Singh

Abstract

As India aims for developed nation status by 2047, sustainable rural economic development becomes crucial, given that 70% of its population lives in rural areas. The advancement of these communities is essential for achieving national developmental goals and improving societal well-being. However, limited access to capital poses a significant challenge, hindering agricultural and allied activities. To mitigate this issue, Regional Rural Banks (RRBs) were established in 1975.

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