Impact of Self-help Group in Socio-economic development of India

Abstract

The SHG method is used by the government, NGOs and others worldwide.Thousands of the poor and the marginalized population in India are building their lives, their families and their society through Self help groups.The main aim of this paper is to examine the impact of Self-help Group in Socio-economic development of India.Self-help Groups have been playing considerable role in training of Swarozgaris, infrastructure development, marketing and technology support, communication level of members, self confidence among members, change in family violence, frequency of interaction with outsiders, change in the saving pattern of SHG members, change in the cumulative saving pattern of SHGmembers per month, involvement in politics, achieving social harmony, achieving social justice, involvement in community action, sustainable quality and accountability, equity within SHGs,defaults and recoveries, and sustainabilityfinancial value.It analyses what is Self-Help Group?Why the Self-Help Group is so important in India?The present status of Self-Help Group in India, impact of Self-Help Group in India, Shortcomings of Self-Help Group in India, Suggestions to improve Self-Help Group In India, conclusion.