These are the group of likeminded people who have similar economic and social status, who come up together for their own collective upliftment — economically and socially.
Statistics of SHG
80 lakh SHGs are in India
>10 crore people are involved in SHGs
Total bank balance of all the SHGs is >Rs. 6599 crores
90% of the SHGs are ‘only-women’
Joint Liability Groups (JLG) — micro financing of SHGs — against mutual guarantee
SHGs provide by the poor and door-step banking | Banks provide resources | NGOs act as agencies to organise poor, build their capacities and facilitate the empowerment processes
SHG — social empowerment
Community assets — buildings, bullock-carts, sprayers — savings and assistance from NGOs
Instil confidence and awareness with pride among people. Women empowerment — communication skills
HHs with access to micro-financing — more education expenditure — good results
