Indian Economy·Key Judgments
Microfinance and SHGs — Key Judgments
Updated 5 Mar 2026
Key Judgments
Bandhua Mukti Morcha v. Union of India
1984While not directly about microfinance, this landmark judgment established the constitutional foundation for livelihood rights under Articles 21 and 23, creating the legal basis…
State of Karnataka v. Ranganatha Reddy
1977This case established important principles regarding cooperative societies and their regulation, which has implications for SHG governance and legal status. The judgment clarified…