This document discusses developing rural finance in India. It examines various rural financial programs implemented by institutions like NABARD, IFAD, and SHC. The paper investigates the impact of these programs on rural development and income distribution. Rural finance is important as it provides credit, savings, and insurance services to rural populations. However, access to formal financial services remains limited in rural areas of India. The paper aims to analyze existing rural finance models and their role in developing India's rural economy.