( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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SELF-HELP GROUPS (SHG’S) - A TOOL FOR MICRO FINANCE IN INDIA

    1 Author(s):  CHITRANGDA

Vol -  5, Issue- 2 ,         Page(s) : 680 - 690  (2014 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Development of a nation is very much dependent on the development of rural people. Today, the real problem faced by every developing country like India is the poverty. Poverty is a term with which many developing countries are suffering. Even after more than 50 years of planning, various poverty alleviation programs, official estimates shows that around 26.1 percent of total population still lives below the poverty line in India. The financial requirement is one of the basic needs of the poor rural people of the society for their socio-economic upliftment. Amongst the poor the most disadvantageous group are the women and they constitutes almost half of the population of India.

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