Malegam Committee: To study issues and concerns in the micro-finance Sector

Q.  Malegam Committee is related to -
- Published on 18 Aug 15

a. To review National Small Savings funds operated by post-office
b. To review Poverty census in India
c. Modernization of Indian railway
d. To study issues and concerns in the micro-finance Sector

ANSWER: To study issues and concerns in the micro-finance Sector
 
Malegam was appointed Chairman of the famous Malegam Committee (Sub-Committee of the RBI Central Board of Directors) set up to study issues and concerns in the MFI Sector. The committee submitted its report to the RBI in January 2011. Malegam contended that the micro-finance institutions have neglected the poor.

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