JLG impact on social well being of the members with special reference to western Odisha

Joint liability group (JLGj provides loans to small and poor farmers who can give collateral securities. Primarily JLG is envisioned as a credit group, it is reserved by voluntary members, and they have to be motivated to save. The overall improvement of the economic conditions of the group members is the major advantage of the Joint Liability Group. This paper makes a humble attempt to assess the extent to which the Joint liability Group helps their members enhance their socio-economic standing and mostly to find the impact of membership of JLG on social status through certain social parameters. For this purpose, 232 respondents were selected. A multistage sampling technique was used. The data collected was analysed using histogram, descriptive statistics, and paired t-test. The analysis and hypothesis testing show a significant difference in the money spent on food items, the sum of money spent on clothing items, and the amount spent on child education before joining JLG and after joining JLG.From this study, it is evident that there is an improvement in the community standing. The social status of members has significantly developed after joining the JLG programme, which is a huge jump forward.