Development of a country is not only related with the high quality of infra structure new innovation & technology but it is related with its each and every citizen & what they have to live good life. A country is said to be developed if all its citizens are involve in to the process of development & living good standard of life by having access to basic amenities of life such as food clothing housing, health clean water, sanitation, education employment & good natural & social environment but if people of country are poor they will not involve in to the progress of nation they will only think about the earning of their livelihood. India is a developing country in which about 30% of its total population still lives below poverty line the poor population is mainly concentrated in the rural area. It was also recognized that majority of women are poor they are struggling for their livelihood & they are less participative in poverty alleviating process due to the ignorance of women in all the programmes of poverty alleviation. It was obvious that the poverty alleviation efforts will not be successful & the development would not be perfect without giving opportunity to this section to improve their condition. As a result, the developing countries including India prioritised the combined goal of poverty alleviation and women empowerment among their development plans. Microfinance & SHGs are the most exciting discovery into this way. This paper is devoted to analyze the impact of microfinance & SHGs on women empowerment
