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Self Help Groups (SHGs) which recently came into existence as in formal organizations, are linked to banks mainly women as its members. The present study is an attempt to analyse the empowerment of women through the SHGs scheme of banks. A self Help Group is defined as “a small economically homogenous and affinity groups of rural/ urban poor/ voluntarily formed to save and contribute to a common fund to be lent to its members as per group decisions.” “Self Help Group is a media for the development of savings habit among the women”. Self Help Groups are potential sources to empower and institutions arise participatory leadership among the marginalized and to identify, plan and initiate development activities. Self Help Groups are usually informal group whose members have a common perception of need and importance towards collective action. The social status of women is reliable indicator of the social development of the society. These SHG-NGO-Bank integration is very much essential to credit delivery, self-employment and other business activities which could be an effective vaccine against poverty. The ultimate goal of this linkage programme is not just promotion of SHGs but the focus is poverty eradication. It is an established fact that micro-credit is an important means of poverty alleviation.
Key words: SHGs, Bank linkage, NABARD,NGOs
Keywords:
SHGs, Bank linkage, NABARD,NGOs
Cite Article:
"ROLE OF BANKS ON WOMEN EMPOWERMENT THROUGH SELF HELP GROUPS", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 9, page no.862 - 867, September-2022, Available :http://www.ijrti.org/papers/IJRTI2209115.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator