MICRO FINANCE – IMPACT OF MICRO FINANCE INSTITUTES ON FISHERMEN'S OF BYNDOOR TALUK OF KARNATAKA STATE

In India Fishing activities are engaged in two ways - in land fishing and Sea fishing, in land fishing is done in natural sweet water and salt water rivers and also in lacks, pounds by harvesting fish, prawns and shrimp seeds. Sea fishing is the one of the specialized area where, this specialization is derived by the Trial and error methods again which leads to death, disability etc. In sea fishing unlike inland fishing there is no need of harvesting fish seeds. Karnataka has 320 Km Long Coast line and Byndoor Taluk Covers near about 40 Km of Coastal line From Gangolli To Shiroor. Sea Fishermen"s are very often called as „Children"s of Sea" and in local kannada language they were called as Mogaveeraru because earlier fishermen use to live in small islands formed by rivers which are known as mogaru and hence they got name Mogaveeraru. They are fully dependent on the sea for their livelihood up to that extent even educated, graduated person also seen in fishing. Fishing in sea is not an easy task, fishermen face lot of difficulties in fishing and economically they are poor because of the Problems like Scarcity of Fishes, Natural Calamities like Hurricanes; Low prices for the fishes, Increase in Diesel and Petrol rates, Nominal Amount of Subsidies etc, In spite of all these troubles fishermen"s have sustained economically only because of credit provided by the financial institutions. In this paper an effort has been made to know the extent of dependency of Fishermen"s on Micro Finance Institutions.