role of self help groups in economic empowerment of rural women

APJEM
Arth Prabandh: A Journal of Economics and Management
Vol. 4 Issue 5May 2015, ISSN 2278-0629, pp. 73-78
ROLE OF SELF HELP GROUPS IN ECONOMIC EMPOWERMENT OF
RURAL WOMEN: A THEORETICAL PERSPECTIVE
DR.G.S .PARASHURAMA1, SHAKUNTHALA C2, SHASHIKUMAR TP3
1
Principal, Faran College of Management, Bangalore,
2
Panchyat Development Officer, Chamarajanagara,
3
Assistant Professor, Department of Economics, KSOU, Mysore.
Abstract
Self help group disburses micro credit to the rural women for the purpose of making them enterprising
women and encouraging them to enter into entrepreneurial activities. Credit needs of the rural and urban poor
women are fulfilled totally through the SHGs. SHGs enhance equality of status of women as participation, decisionmakers and beneficiaries in the democratic, economic, social and cultural spheres of life. A SHG is conceived as a
sustainable people’s institutions that provide the poor rural women with space and support necessary for them to
take effective steps towards achieving greater control of their lives. Hence, the benefits of SHGs, that have primarily
been formed in India as micro-credit groups for economic empowerment of women and the weaker sections of the
poor, thereby they can have access to large quantum of resources, provide a window for better technology and skill
up gradation, have access to various promotional assistance and assurance of freedom, self-reliance and
empowerment. In this direction the present study will find out how SHGs lead to empowering rural women.
Pinnacle Research Journals
http://www.prj.co.in
73
Key words: Empowerment, Self Help Groups, Microfinance, Self-sustainability, and Development.