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The Social ION
Year : 2013, Volume : 2, Issue : 1
First page : ( 99) Last page : ( 106)
Print ISSN : 2319-3581. Online ISSN : 2456-7523.

Self help group and its role in economic development of women

Dr. Misra Rohit1, Dr. Patel Rahul2

1Pt. Govind Mohan Misra Smriti Sansthan, Lucknow, Uttar Pradesh, India. Email: rohitmisralko@gmail.com

2Deptt. of Anthropology, Allahabad University, Allahabad, Uttar Pradesh India

Online published on 27 June, 2017.

Abstract

Micro finance through Self-Help Groups (SHGs) has proved to be a strategic measure for organizing people in groups and promoting savings and thrift habits to gain access to institutional credit for their socio-economic development. It empowers poor people since it instils a perception of strength, self reliance and confidence when the poverty trap is broken. A self-help group (SHG) is a village-based (or slum-based) financial intermediary usually composed of between 10–20 local people. To alleviate the poverty, the micro-finance has emerged as a powerful instrument in the new economy. With availability of micro-finance, self-help groups (SHGs) and credit management groups have also started in India. Present paper focuses that SHG play a vital role in economic development of women in India.

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Keywords

SHG, women, economic development, management, poverty.

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