Facebook Twitter Instagram
    Trending
    • Working Capital Management
    • Definition of Financial Performance
    • Difference between Organization & Management
    • E-Commerce
    • Salient Features of Life Insurance
    • Role of Advertising and its Impact
    • Barriers to effective Classroom Communication
    • Significance of Consumer Behaviour
    Facebook Twitter LinkedIn Pinterest RSS
    Info-Desk
    • Home
    • Business Studies
    • Banking
    • Social Science
    • Finance
    • Management
    • General
    • Marketing
    Info-Desk
    You are at:Home » Self Help Groups (SHGs)

    Self Help Groups (SHGs)

    0
    By InfoDesk on February 14, 2023 General

    Self Help Groups have emerged as a powerful instrument in poverty alleviation and empowerment of women in the rural economy. SHGs, through the network of commercial banks, co-operative banks, regional rural banks, NABARD, and NGO’s have been rendering financial services to the poor women. SHGs upgrade their status in the society.Self Help Groups (SHGs)

    Self Help Groups have been formed to establish a large number of microenterprises in the rural areas, and build upon the potential of the rural poor. It is rooted in the belief that rural poor in India have competencies and, given the right support, can be successful producers of valuable goods/services. The formation of Self Help Groups is conceived as a holistic programme of micro-enterprises covering all aspects of selfemployment namely organization of rural poor into Self Help Groups and their capacity for improvement of skills of activity clusters, infrastructure build-up, technology, credit and marketing. The great merit of the Self Help Group is its ability to inculcate among its members a sound habit of thrift, savings and banking. Self Help Groups have been recognized as useful vehicles to help the poor in accessing financial resources not available to them previously and help them break away from the grip of exploitative money lenders.

    SHGs have not only improved the economic status of their members but also changed their entire outlook towards society, education, women’s rights and so on. SHGs comprising mainly of illiterate and semi-literate women, have exhibited versatility and sensitiveness to the issues haunting them.

    The formation of Self-Help Group in rural areas have created awareness among poor women about social issues and emboldened them to take up their cause with the authorities. The SHGs have also created confidence among women to work in unison for their collective economic development. Therefore, it could be said that the concept of SHG has sown the seeds of a silent revolution at the village level. It has paved way for women to spell out their views and to participate in the local administration.


    For citing this article, use:

    • Santhi, C. T. (2021). A study on the socio economic developments of Self help groups in virudhunagar district.
    General
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    InfoDesk
    • Website

    Related Posts

    Tourism and Marketing

    Advantages and Disadvantages of Air Transportation

    Renewable Energy

    Comments are closed.

    Recent Posts
    • Working Capital Management
    • Definition of Financial Performance
    • Difference between Organization & Management
    • E-Commerce
    • Salient Features of Life Insurance
    • Popular
    • Recent
    • Top Reviews
    May 10, 2021

    Fix Keyboard not working in Windows 10 search and start menu

    June 10, 2021

    Human Resource Management (HRM)

    July 3, 2021

    Tools of Performance Management

    March 21, 2023

    Working Capital Management

    March 12, 2023

    Definition of Financial Performance

    March 12, 2023

    Difference between Organization & Management

    Latest Galleries
    Latest Reviews
    Copyright © 2023 InfoDeskBD

    Type above and press Enter to search. Press Esc to cancel.