An Analysis of Saving Process of Self Help Groups in Haryana

The preset paper analysis the saving process of self help groups in Haryana. To answer this question, the study focused on Jhajjar District of the state. A total 120 self help group members from this district was surveyed. For meeting the objectives, primary data were collected through a structured, non disguised questionnaire on random sampling basis from various self help groups in the study area. The study found that every respondent of the SHGs contributed Rs. 100 as an amount towards saving and every SHG had decided their saving jointly by all members. Majority respondents of the SHGs from all the blocks were found to be regular in their contribution towards saving. Further, every respondent of the SHGs were found to use the saving amount for saving the money and getting loan from it. Apart from it, if the saving amount was not fully utilized in the interloaning process, then it was kept in the bank or with the group Treasurer and President so that during emergency they can avail that amount easily which may not be possible otherwise if that was kept in the banks.