CKPIM Business Review

10

Authors: Vijeta

In a developing country like India, the role and importance of rural areas are terribly significant so as to possess overall economic process government at first targeted its attention on development of urban areas however later it accomplished the numerous of rural areas and thus developed numerous plans and programmes for the their development. Financial Inclusion may be a key consider shaping the expansion method of the economy. In India, Micro Finance has emerged as a strong tool for financial inclusion that links low financial gain teams with banks. Financial inclusion is Associate in Nursing integral a part of the expansion method. It’s crucial for achieving inclusive economic process and solely such a growth is property. Micro finance is dominated by the Self Help Groups. So SHGs are playing a very important role in the process of financial inclusion. Motivation to save is the first and for most reason for opening an account. All the beneficiaries of micro finance settle for that they need gained larger economic and Social Security because of the access to micro finance services. Though financial inclusion has become the buzzword in present - day financial circles, there are miles to go, before it becomes a reality among the rural population. The objectives of the present paper are to study the role and concept of micro finance, micro finance institutions and their role in promoting the poor. Understand the relationship between microfinance and financial inclusion and present status of India’s Financial Inclusion.

15

Authors: Dr. Rohtash Kumar Garg and Ms. Shruti Ahuja

Supply chain management (SCM) is the process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption. Supply chain management can be provided through web based tool which is used for creating and approving purchasing requisitions, placing purchase orders and receiving goods and services by using a software system based on Internet technology. WebXpressTM is a web-based software solution for supply chains. WebXpressTM is an online ERP (Enterprise Resource Planning) developed especially for Logistics and Transportation industries. It is accessible on Internet from anywhere in the world, at anytime. WebXpressTM is a web based supply change management which integrates all functions from operations to Billing to accounts as well as Centralized and online, like railway booking or airline booking systems. This tool provides benefits in operations, Billing, Finance, octroi, online accounts and security.