Contribution of Self Help Groups in The Socio Economic Development of The Women

With the number of problems in the pipe line for the planned development of the households in the weaker strata of India, self help groups play a vital role in the development of the socio economy of the target houses. With the ever increasing problems of food shelter and above all existence, the struggle of the people began in the morning and continue to envelope the minds of the people to think continuously about the sources and resources of income so that they can establish themselves as a respected citizens of the country. With meagre opportunities to live self help groups help the women to realize their potential. It has helped them to become the entrepreneurs and improve their economics at one hand and elevate their social status by developing the social interaction and network in the society. It not only helps to gain confidence but also take these women to the place where they help themselves and others with the finance, skills and cooperation. It is the step towards self employment, acquiring new skills and definitely a step towards total organization of self. It is most fascinating but at the same time frustrating also. It is an effort to involve the people actively in the process of making decision on the issues related their economics, community services and the other related facilities that a human being deserve. It is both mean to achieve and the goal to lead a life with equal participation towards total development. This paper aims to study the impact of the self help groups and the microfinance on the lives of the people, particularly women in the society. It studies how SHG helps them to attain the social harmony, justice and participation in their own decisions. It also aims to understand the concept of self help group and its success and failure in the Indian concept.