ROLE OF SELF HELP GROUP IN RURAL DEVELOPMENT
Abstract
Self-Help Group is a small voluntary association of poor people preferably from the same socio-economic back drop. The micro-credit given to them makes them enterprising; it can be all women group, all-men group or even a mixed group. However, it has been the experience that women’s groups perform better in all the important activities of SHGs. Self-Help Group or in-short SHG is now a well-known concept. It is now almost two & half decade old. It is quite understood that the SHGs have a role in enhancing country’s economic development process.
Development of rural people is important in order to develop the economy like India. The biggest hurdle in development is poverty in rural areas. As per the earlier researches, Microfinance to Self Help Groups (SHGs) may be considered as a vital tool for meeting the financial requirement of those poorer sections of the society living in the rural areas. The present research paper is an attempt to analyze the role of Micro-Finance and Self-Help-Groups (SHGs) for the economic development of the rural India.
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