Finance Minister Pranab Mukjerjee introduced Micro Finance Institutions (Development and Regulation) Bill 2012 in the Lok Sabha today. The Bill provides for development and regulation of the micro finance institutions for the purpose of facilitating access to credit, thrift and other micro finance services to the rural and urban poor and disadvantaged sections. It also seeks to promote financial inclusion through such institutions. Mr. Mukherjee also introduce the Small Industries Development Bank of India (Amendment) Bill 2012 in the Lok Sabha.