This document provides an overview of self-help groups (SHGs) in India and West Bengal. It discusses the genesis of SHGs as a way to provide financial access to the poor. It outlines the key strategies and characteristics of SHGs, and provides statistics on the progress and impact of SHGs. Specifically, it details coverage, savings, credit disbursed, and non-performing assets across various Indian states. The document also notes challenges like the supply-demand mismatch for credit and the need for a strategic framework to ensure SHGs' future sustainability and positive impact.
This document provides information on self-help groups (SHGs) in Rajasthan, India. It discusses:
- The structure and requirements of SHGs, which are typically constituted of 10-20 women from similar backgrounds.
- The status of SHGs in Rajasthan, with over 250,000 formed but only around 100,000 functional.
- The three approaches to forming SHGs - by officials, NGOs, or members themselves - and why the member-led approach is most sustainable.
- Issues around training, financing, and marketing for SHG products that need to be addressed, as well as the potential for further expansion and integration across departments.
A self-help group (SHG) is a village-based financial intermediary usually composed of 15-20 local women who make small regular savings contributions until there is enough capital to begin lending. SHGs aim to organize and empower women by enhancing participation, inculcating savings habits, and building capacities on a suitable platform for women. Objectives include creating an appropriate forum for addressing community needs, generating a sense of collective action, and improving socioeconomic status. SHGs progress through thrift and credit, social, and micro-enterprise stages and are said to empower participants more than other programs while also reducing material and structural costs.
This document provides guidelines for a 12th grade economics project on self-help groups. It outlines important points to include such as choosing an interesting topic, keeping the project short and precise, including diagrams or graphs, and submitting on time. It also lists the typical sections of an economics project such as the title, objectives, methodology, findings, and references. An example project on self-help groups is then provided, covering their meaning and evolution in India, functions, need, advantages, problems, and examples from different states.
BESIDES the cooperatives and other forms of organisations, there is yet another form of enterprise which is organised voluntarily by the members themselves to meet a variety of their needs. The Self-Help Groups [SHGs] are such organisations which are formed, nourished and managed by the members themselves.
The SHGs, people’s voluntary and informal institutions, are organised as viable alternative to achieve the objectives of rural development and to get community participation in rural development programmes. These are similar to traditional group activities in all communities. It is a new form of a movement which aims at reducing the incidence of poverty through the provision of easy credit. In case of self-movement, thrift and credit are the entry points of activity. Micro-finance or provision of financial services to low-income households, have come to be accepted in policy implementation as the most efficacious intervention to alleviate poverty, enhancing agricultural production and developing local leadership.
A Self-Help Group is an informal organisation of not less than 10 and not more than 20 people from the poorer section of the village society, organised, owned, operated and controlled by the members in a democratic manner, based on solidarity, reciprocity, common interest and resource pooling. Self-Help Group is a social design in which people participate by making themselves socially and economically accountable to each other. All SHGs are not necessarily linked to lead/focal bank because they do not need external credit except the support from their sponsoring organisations.
SHGs have been promoted under various programmes and by various development agencies. It has been found that SHGs can serve the needs of the small farmers better than the cooperatives. It is believed that Self-Help Groups are a sub-system of cooperatives.
This document provides an introduction to self-help groups (SHGs) in India. SHGs are informal associations of poor people who come together to improve their living conditions through collective efforts. They are formed to tackle problems related to poverty, illiteracy, lack of skills and access to formal credit that individuals cannot address alone. The goals of SHGs are to build trust between rural poor communities and bankers and encourage banking in hard to reach populations. SHGs function by members contributing small regular savings to a common fund and taking short term loans for economic activities. This empowers women and improves access to financial services, consumption, housing, health and government programs for marginalized groups. However, challenges remain regarding skills development, patriarch
The document discusses a study on empowerment of women through self-help groups in Anantapur district of Andhra Pradesh, India. The objectives of the study were to understand the concept of empowerment and analyze the impact of self-help groups on women's empowerment. Key findings included that over 53,000 self-help groups were operating in the district. Most women joined for income generation and availed loans for productive purposes. The study found that self-help group membership improved women's socioeconomic status, living conditions, and empowerment. It provided recommendations such as increasing awareness, ensuring regular group meetings, and improving access to markets, training, and credit.
Self-help groups (SHGs) were introduced in India to promote women's empowerment and self-sufficiency. SHGs are small community-based organizations composed of 10-20 rural poor women who voluntarily save small amounts of money together. They use their pooled savings to provide interest-free loans to members for purposes such as meeting emergency needs or starting small businesses. The objectives of SHGs are to provide women with a platform, job training, decision making skills, access to collateral-free loans, and increased confidence. Today, SHGs have become one of the largest microfinance programs in the world, helping to alleviate poverty and empower rural women economically and socially.
This document provides information on self-help groups (SHGs) in Rajasthan, India. It discusses:
- The structure and requirements of SHGs, which are typically constituted of 10-20 women from similar backgrounds.
- The status of SHGs in Rajasthan, with over 250,000 formed but only around 100,000 functional.
- The three approaches to forming SHGs - by officials, NGOs, or members themselves - and why the member-led approach is most sustainable.
- Issues around training, financing, and marketing for SHG products that need to be addressed, as well as the potential for further expansion and integration across departments.
A self-help group (SHG) is a village-based financial intermediary usually composed of 15-20 local women who make small regular savings contributions until there is enough capital to begin lending. SHGs aim to organize and empower women by enhancing participation, inculcating savings habits, and building capacities on a suitable platform for women. Objectives include creating an appropriate forum for addressing community needs, generating a sense of collective action, and improving socioeconomic status. SHGs progress through thrift and credit, social, and micro-enterprise stages and are said to empower participants more than other programs while also reducing material and structural costs.
This document provides guidelines for a 12th grade economics project on self-help groups. It outlines important points to include such as choosing an interesting topic, keeping the project short and precise, including diagrams or graphs, and submitting on time. It also lists the typical sections of an economics project such as the title, objectives, methodology, findings, and references. An example project on self-help groups is then provided, covering their meaning and evolution in India, functions, need, advantages, problems, and examples from different states.
BESIDES the cooperatives and other forms of organisations, there is yet another form of enterprise which is organised voluntarily by the members themselves to meet a variety of their needs. The Self-Help Groups [SHGs] are such organisations which are formed, nourished and managed by the members themselves.
The SHGs, people’s voluntary and informal institutions, are organised as viable alternative to achieve the objectives of rural development and to get community participation in rural development programmes. These are similar to traditional group activities in all communities. It is a new form of a movement which aims at reducing the incidence of poverty through the provision of easy credit. In case of self-movement, thrift and credit are the entry points of activity. Micro-finance or provision of financial services to low-income households, have come to be accepted in policy implementation as the most efficacious intervention to alleviate poverty, enhancing agricultural production and developing local leadership.
A Self-Help Group is an informal organisation of not less than 10 and not more than 20 people from the poorer section of the village society, organised, owned, operated and controlled by the members in a democratic manner, based on solidarity, reciprocity, common interest and resource pooling. Self-Help Group is a social design in which people participate by making themselves socially and economically accountable to each other. All SHGs are not necessarily linked to lead/focal bank because they do not need external credit except the support from their sponsoring organisations.
SHGs have been promoted under various programmes and by various development agencies. It has been found that SHGs can serve the needs of the small farmers better than the cooperatives. It is believed that Self-Help Groups are a sub-system of cooperatives.
This document provides an introduction to self-help groups (SHGs) in India. SHGs are informal associations of poor people who come together to improve their living conditions through collective efforts. They are formed to tackle problems related to poverty, illiteracy, lack of skills and access to formal credit that individuals cannot address alone. The goals of SHGs are to build trust between rural poor communities and bankers and encourage banking in hard to reach populations. SHGs function by members contributing small regular savings to a common fund and taking short term loans for economic activities. This empowers women and improves access to financial services, consumption, housing, health and government programs for marginalized groups. However, challenges remain regarding skills development, patriarch
The document discusses a study on empowerment of women through self-help groups in Anantapur district of Andhra Pradesh, India. The objectives of the study were to understand the concept of empowerment and analyze the impact of self-help groups on women's empowerment. Key findings included that over 53,000 self-help groups were operating in the district. Most women joined for income generation and availed loans for productive purposes. The study found that self-help group membership improved women's socioeconomic status, living conditions, and empowerment. It provided recommendations such as increasing awareness, ensuring regular group meetings, and improving access to markets, training, and credit.
Self-help groups (SHGs) were introduced in India to promote women's empowerment and self-sufficiency. SHGs are small community-based organizations composed of 10-20 rural poor women who voluntarily save small amounts of money together. They use their pooled savings to provide interest-free loans to members for purposes such as meeting emergency needs or starting small businesses. The objectives of SHGs are to provide women with a platform, job training, decision making skills, access to collateral-free loans, and increased confidence. Today, SHGs have become one of the largest microfinance programs in the world, helping to alleviate poverty and empower rural women economically and socially.
This presentation discusses women entrepreneurship in small scale and cottage industries in India. It begins with introducing small scale industries and defining women entrepreneurs. It then discusses the importance of self-help groups for rural women entrepreneurs and the advantages of entrepreneurship, such as economic empowerment. A success story of a self-help group involved in sericulture is provided as an example. The presentation concludes that increased participation of women entrepreneurs is important for women's empowerment and rural development, and that self-help groups and government support can help strengthen women's entrepreneurial capacities.
This document provides information about women saving schemes in India. It discusses the history and guidelines for self-help groups and microfinance through women saving schemes. It outlines various government schemes to promote women saving schemes such as the Bhartiya Mahila Bank and Corporation Bank's savings scheme for women. An interview with Sangeeta Kamble, the leader of a women saving scheme called Vishwa Shanti Mandal, highlights her journey in founding the group and empowering women through financial inclusion and community support.
ROLE OF self help group in economic development-1.docxMrParmanand
This document provides an overview of self-help groups (SHGs) and their role in economic development. It discusses how SHGs are formed by bringing together small groups of economically homogeneous individuals who make regular savings contributions. The funds are then available for members to take loans and invest in income-generating activities. SHGs aim to empower members and alleviate poverty through collective savings, access to credit, and peer support. They have become an important microfinance model, especially in India through the SHG bank linkage program. The document also reviews shifts in development paradigms and approaches to rural development over time.
ROLE OF self help group in economic development-1.pdfMrParmanand
This document provides an introduction and background on self-help groups (SHGs) in India and their role in microfinance and economic development. It defines SHGs as small village-based groups, usually composed of 4-15 local women or men, who make small regular savings contributions and provide loans to members. The introduction discusses how SHGs are started by NGOs or government organizations to empower women and reduce poverty. It also explains how many Indian SHGs partner with banks for microcredit delivery and how SHGs pool savings to make members financially stable and self-employed through small business loans.
This document discusses a study on the role of self-help groups in empowering rural women in Tamil Nadu, India. The study examines how self-help groups provide an economic and social support system for women. Self-help groups help women start small businesses, access microloans, make independent financial contributions to their families, gain skills and confidence, and have greater freedom of movement. While self-help groups have made progress in empowering women, the conclusion notes that more still needs to be done to fully realize women's empowerment.
SELF HELP GROUP: A PATHWAY TOWARDS CREDIT & ECO NOMIC EMPOWERMENT OF WOMENIAEME Publication
n the present era SHG has evolved as one of the tool to get credit facilities, savings and economic impowerment and it is also been considered as need-based programme for alleviation of poverty to the so far neglected target groups (women, poor, deprived etc.) The experience across India and other countries has shown a robust potential of Self help groups to integrate with the development issues thereby significantly impacting the lives of poor
This document provides a 3-page introduction to a guide on Hajj pilgrimage. It explains that the guide was written to provide necessary information to Bangladeshis performing the Hajj pilgrimage through government or private organizations. It aims to present the rules and requirements of Hajj in a simple and organized manner drawing from authentic sources and ensuring accuracy through review. The introduction explains that the author sought to fulfill the objective and spirit of Hajj through this work.
Self help groups are informal associations of financially weak individuals that are created to benefit group members. They are typically formed with 10-20 local people from similar backgrounds. The main purpose is to develop the socio-economic conditions of members. Government programs aim to empower women and support economic development through self help groups. Key features include small member size, common interests, equal rights, and maintaining monthly thrift savings. Self help groups provide important advantages like capacity building, mutual support, increased confidence and skills. Government schemes like DAY-NRLM provide funds and support to strengthen self help groups.
Microfinance :a step towards women empowermentNishu Kanwar
The document discusses microfinance as a strategy for poverty alleviation and women's empowerment. Microfinance involves providing small loans, savings opportunities, and insurance to poor and low-income individuals without collateral. It focuses on empowering women through self-help groups that provide access to credit and financial services. Microfinance helps rural women start small businesses and builds their confidence by providing an alternative to moneylenders. While it allows rural women to save and participate in the economy, there are also threats like women becoming unpaid debt collectors; however, these can be overcome through self-governance and portfolio diversification.
This document summarizes a seminar paper on self-help groups and informal cooperatives. It defines self-help groups as voluntary, unregistered groups of 10-20 people that come together to save money and provide mutual aid. The paper reviews the history and concepts behind self-help groups, including their origins in microfinance programs in Bangladesh and India. It describes the typical structure of self-help groups and their functions, including savings, loans, record keeping, and capacity building. The paper concludes that self-help groups are an informal type of cooperative that allows members to voluntarily form and manage institutions to serve their needs.
A STUDY ON IMPORTANCE OF TRAINING PROGRAMMES AND ITS IMPACT ON SHG MEMBERS W...IAEME Publication
This paper makes an attempt to find out the various types of training programmes offered by the Government Self help groups and Private self help groups and at the same time the level of awareness and the importance of training programmes on its members. Employability is the most imperative factor in every human’s life, it is the way to earn income and to run livelihood. But due to rapid growth of population in the country, or in state it is becoming difficult for the Government to provide employment opportunities to the young youth’s living in the village, state or in district. Government is trying to motivate the youth to start up new ventures and to be self employed which would create employment opportunities further. Government of India as well as Maharashtra is trying to motivate women, youth and other individuals to start up new ventures, to create their own self employment .
Role of self-help groups in rural developmentDevegowda S R
Self help groups (SHGs) play an important role in rural development by promoting savings, providing credit to members, and empowering women. SHGs are small voluntary groups that are formed to save money and provide loans to members. They help generate additional income, impart skills, and create financial inclusion in rural areas. Research studies have found that SHG membership increases members' monthly incomes, financial literacy, and decision making power. SHGs help alleviate poverty and empower rural communities through collective action.
The document provides information about self-help groups (SHGs) in India. It discusses that SHGs are small, voluntary groups of rural poor that come together for savings, credit, and other financial services. It outlines the criteria for SHGs to be linked with banks, including being in existence for 6 months and having successfully undertaken savings and credit operations. It also describes the unique features of SHGs, such as collective decision making, providing financial services locally, and empowering poor individuals. Furthermore, it summarizes the role of NABARD in conceptualizing and piloting the SHG linkage program with banks in India.
Self Help Group (SHG) Movement in India has been recognized as an effective strategy for mobilization and empowerment of rural people, particularly poor women and other marginalized groups.
business project work-stock exchange-12th classRavi Singh
business project work-stock exchange-12th class cbse project work
FOR MORE PROJECTS SUBSCRIBE MY YOUTUBE CHANNEL --- https://www.youtube.com/channel/UCqF8lgmvUBUBTzJPaoY0p8Q
FOLLOW ME ON INSTAGRAM-- https://www.instagram.com/rav_e_singh/
The document discusses the Pradhan Mantri Jan Dhan Yojana (PMJDY), a national financial inclusion mission launched in India in 2014. It aims to provide universal access to banking services like basic savings accounts, need-based credit, remittances and insurance. The key benefits of accounts under PMJDY include interest on deposits, accidental insurance of Rs. 1 lakh, no minimum balance requirement, life insurance of Rs. 30,000 and easy money transfers. Microfinance is also discussed as a tool to provide financial services like credit, savings and insurance to low-income households for self-employment and poverty alleviation. The evolution, key players and models of microfinance in India are outlined.
Demonetization : The Real Effects, Flashback #DeMo 2016, Reasons for Demonetization, Percentage share of denominations before Demonetization, Purpose/Need for Demonetization, Pros & Cons of Demonetization, Benefits of Demonetization (Direct & Indirect), Impact of Demonetization (Short & Long Term), Effect of Demonetization on Indian Economy, Hidden Facts, Reaction on Social Media, Survey @ Local Circle, Impact on Economy – Sector wise, Through the Glasses of Pessimism, Reality Check (example of effect of demonetization), Conclusion.
The document outlines major milestones in recognizing and promoting women's human rights through the United Nations from 1945 onwards, including establishing committees, adopting conventions, and holding global conferences. Key events were the UN charter in 1945, CEDAW in 1979, conferences in Mexico City in 1975, Copenhagen in 1980, Nairobi in 1985, and Beijing in 1995 which established the Platform for Action addressing critical areas of concern for women.
Self help group and a Women EntrepreneurAkshay Surve
Kiran Mazumdar Shaw is an Indian entrepreneur who founded Biocon, India's largest biotechnology company. Some key points:
- She has a degree in brewing but switched careers to found Biocon in 1978, becoming India's first female brewmaster.
- Under her leadership, Biocon transitioned from producing enzymes to becoming an integrated biopharma company conducting strategic research.
- She faced challenges as a young female entrepreneur in an unfamiliar industry lacking funds, but was determined to succeed.
- Biocon's achievements include being the first company to produce insulin in India. Shaw has received many honors for her contributions to science, business, and India.
This presentation discusses women entrepreneurship in small scale and cottage industries in India. It begins with introducing small scale industries and defining women entrepreneurs. It then discusses the importance of self-help groups for rural women entrepreneurs and the advantages of entrepreneurship, such as economic empowerment. A success story of a self-help group involved in sericulture is provided as an example. The presentation concludes that increased participation of women entrepreneurs is important for women's empowerment and rural development, and that self-help groups and government support can help strengthen women's entrepreneurial capacities.
This document provides information about women saving schemes in India. It discusses the history and guidelines for self-help groups and microfinance through women saving schemes. It outlines various government schemes to promote women saving schemes such as the Bhartiya Mahila Bank and Corporation Bank's savings scheme for women. An interview with Sangeeta Kamble, the leader of a women saving scheme called Vishwa Shanti Mandal, highlights her journey in founding the group and empowering women through financial inclusion and community support.
ROLE OF self help group in economic development-1.docxMrParmanand
This document provides an overview of self-help groups (SHGs) and their role in economic development. It discusses how SHGs are formed by bringing together small groups of economically homogeneous individuals who make regular savings contributions. The funds are then available for members to take loans and invest in income-generating activities. SHGs aim to empower members and alleviate poverty through collective savings, access to credit, and peer support. They have become an important microfinance model, especially in India through the SHG bank linkage program. The document also reviews shifts in development paradigms and approaches to rural development over time.
ROLE OF self help group in economic development-1.pdfMrParmanand
This document provides an introduction and background on self-help groups (SHGs) in India and their role in microfinance and economic development. It defines SHGs as small village-based groups, usually composed of 4-15 local women or men, who make small regular savings contributions and provide loans to members. The introduction discusses how SHGs are started by NGOs or government organizations to empower women and reduce poverty. It also explains how many Indian SHGs partner with banks for microcredit delivery and how SHGs pool savings to make members financially stable and self-employed through small business loans.
This document discusses a study on the role of self-help groups in empowering rural women in Tamil Nadu, India. The study examines how self-help groups provide an economic and social support system for women. Self-help groups help women start small businesses, access microloans, make independent financial contributions to their families, gain skills and confidence, and have greater freedom of movement. While self-help groups have made progress in empowering women, the conclusion notes that more still needs to be done to fully realize women's empowerment.
SELF HELP GROUP: A PATHWAY TOWARDS CREDIT & ECO NOMIC EMPOWERMENT OF WOMENIAEME Publication
n the present era SHG has evolved as one of the tool to get credit facilities, savings and economic impowerment and it is also been considered as need-based programme for alleviation of poverty to the so far neglected target groups (women, poor, deprived etc.) The experience across India and other countries has shown a robust potential of Self help groups to integrate with the development issues thereby significantly impacting the lives of poor
This document provides a 3-page introduction to a guide on Hajj pilgrimage. It explains that the guide was written to provide necessary information to Bangladeshis performing the Hajj pilgrimage through government or private organizations. It aims to present the rules and requirements of Hajj in a simple and organized manner drawing from authentic sources and ensuring accuracy through review. The introduction explains that the author sought to fulfill the objective and spirit of Hajj through this work.
Self help groups are informal associations of financially weak individuals that are created to benefit group members. They are typically formed with 10-20 local people from similar backgrounds. The main purpose is to develop the socio-economic conditions of members. Government programs aim to empower women and support economic development through self help groups. Key features include small member size, common interests, equal rights, and maintaining monthly thrift savings. Self help groups provide important advantages like capacity building, mutual support, increased confidence and skills. Government schemes like DAY-NRLM provide funds and support to strengthen self help groups.
Microfinance :a step towards women empowermentNishu Kanwar
The document discusses microfinance as a strategy for poverty alleviation and women's empowerment. Microfinance involves providing small loans, savings opportunities, and insurance to poor and low-income individuals without collateral. It focuses on empowering women through self-help groups that provide access to credit and financial services. Microfinance helps rural women start small businesses and builds their confidence by providing an alternative to moneylenders. While it allows rural women to save and participate in the economy, there are also threats like women becoming unpaid debt collectors; however, these can be overcome through self-governance and portfolio diversification.
This document summarizes a seminar paper on self-help groups and informal cooperatives. It defines self-help groups as voluntary, unregistered groups of 10-20 people that come together to save money and provide mutual aid. The paper reviews the history and concepts behind self-help groups, including their origins in microfinance programs in Bangladesh and India. It describes the typical structure of self-help groups and their functions, including savings, loans, record keeping, and capacity building. The paper concludes that self-help groups are an informal type of cooperative that allows members to voluntarily form and manage institutions to serve their needs.
A STUDY ON IMPORTANCE OF TRAINING PROGRAMMES AND ITS IMPACT ON SHG MEMBERS W...IAEME Publication
This paper makes an attempt to find out the various types of training programmes offered by the Government Self help groups and Private self help groups and at the same time the level of awareness and the importance of training programmes on its members. Employability is the most imperative factor in every human’s life, it is the way to earn income and to run livelihood. But due to rapid growth of population in the country, or in state it is becoming difficult for the Government to provide employment opportunities to the young youth’s living in the village, state or in district. Government is trying to motivate the youth to start up new ventures and to be self employed which would create employment opportunities further. Government of India as well as Maharashtra is trying to motivate women, youth and other individuals to start up new ventures, to create their own self employment .
Role of self-help groups in rural developmentDevegowda S R
Self help groups (SHGs) play an important role in rural development by promoting savings, providing credit to members, and empowering women. SHGs are small voluntary groups that are formed to save money and provide loans to members. They help generate additional income, impart skills, and create financial inclusion in rural areas. Research studies have found that SHG membership increases members' monthly incomes, financial literacy, and decision making power. SHGs help alleviate poverty and empower rural communities through collective action.
The document provides information about self-help groups (SHGs) in India. It discusses that SHGs are small, voluntary groups of rural poor that come together for savings, credit, and other financial services. It outlines the criteria for SHGs to be linked with banks, including being in existence for 6 months and having successfully undertaken savings and credit operations. It also describes the unique features of SHGs, such as collective decision making, providing financial services locally, and empowering poor individuals. Furthermore, it summarizes the role of NABARD in conceptualizing and piloting the SHG linkage program with banks in India.
Self Help Group (SHG) Movement in India has been recognized as an effective strategy for mobilization and empowerment of rural people, particularly poor women and other marginalized groups.
business project work-stock exchange-12th classRavi Singh
business project work-stock exchange-12th class cbse project work
FOR MORE PROJECTS SUBSCRIBE MY YOUTUBE CHANNEL --- https://www.youtube.com/channel/UCqF8lgmvUBUBTzJPaoY0p8Q
FOLLOW ME ON INSTAGRAM-- https://www.instagram.com/rav_e_singh/
The document discusses the Pradhan Mantri Jan Dhan Yojana (PMJDY), a national financial inclusion mission launched in India in 2014. It aims to provide universal access to banking services like basic savings accounts, need-based credit, remittances and insurance. The key benefits of accounts under PMJDY include interest on deposits, accidental insurance of Rs. 1 lakh, no minimum balance requirement, life insurance of Rs. 30,000 and easy money transfers. Microfinance is also discussed as a tool to provide financial services like credit, savings and insurance to low-income households for self-employment and poverty alleviation. The evolution, key players and models of microfinance in India are outlined.
Demonetization : The Real Effects, Flashback #DeMo 2016, Reasons for Demonetization, Percentage share of denominations before Demonetization, Purpose/Need for Demonetization, Pros & Cons of Demonetization, Benefits of Demonetization (Direct & Indirect), Impact of Demonetization (Short & Long Term), Effect of Demonetization on Indian Economy, Hidden Facts, Reaction on Social Media, Survey @ Local Circle, Impact on Economy – Sector wise, Through the Glasses of Pessimism, Reality Check (example of effect of demonetization), Conclusion.
The document outlines major milestones in recognizing and promoting women's human rights through the United Nations from 1945 onwards, including establishing committees, adopting conventions, and holding global conferences. Key events were the UN charter in 1945, CEDAW in 1979, conferences in Mexico City in 1975, Copenhagen in 1980, Nairobi in 1985, and Beijing in 1995 which established the Platform for Action addressing critical areas of concern for women.
Self help group and a Women EntrepreneurAkshay Surve
Kiran Mazumdar Shaw is an Indian entrepreneur who founded Biocon, India's largest biotechnology company. Some key points:
- She has a degree in brewing but switched careers to found Biocon in 1978, becoming India's first female brewmaster.
- Under her leadership, Biocon transitioned from producing enzymes to becoming an integrated biopharma company conducting strategic research.
- She faced challenges as a young female entrepreneur in an unfamiliar industry lacking funds, but was determined to succeed.
- Biocon's achievements include being the first company to produce insulin in India. Shaw has received many honors for her contributions to science, business, and India.
Achievement Of West Bengal {Land Reforms in West Bengal} by Aneek GuptaDr Aneek Gupta
This document provides information on land reforms in West Bengal, India. It describes the geography and demographics of the state, noting its high population density and rural population. It then discusses the history of land tenure, including the system of absentee landlords and sharecroppers having insecure rights. Major reforms began in the late 1970s when the Communist party came to power and implemented policies like registering sharecroppers' names and providing them secure cultivation rights. This led to improved conditions for poor farmers and reduced poverty levels in the state.
This document discusses self-help groups (SHGs) and their role in empowering communities and promoting development, particularly in the fisheries sector. It describes how SHGs work as small, voluntary organizations where members make regular small contributions to a common fund that is then available to members as loans. This helps the economically disadvantaged gain access to capital. The document outlines the structure, goals, advantages and role of SHGs in fisheries development, providing examples of viable microenterprises SHGs can engage in. It concludes that active SHG participation helps address common coastal problems and improve local economies.
An assessment of financial literacy levels among undergraduate business stude...Alexander Decker
This document summarizes a research study that assessed the level of financial literacy among undergraduate business students in Ghana. The study found that formal education was the primary source of financial literacy for students, followed by parents, media, and peers. Financial literacy was highest among accounting students and lowest among human resource management students. The study used a theoretical framework combining social learning theory and family resource management theory to examine how environmental influences like family, school, media, and peers shape students' financial knowledge, attitudes, and behaviors. Previous research discussed in the literature review found that higher financial literacy is associated with better financial outcomes and behaviors.
The document discusses the importance of self-help groups (SHGs) in improving nutrition and food security, especially for women and children in India. It notes that over 1/3 of the population suffers from malnutrition. It then provides guidance on forming effective SHGs, including ensuring homogeneity among members, regular savings contributions and meetings, democratic decision-making, and maintaining proper records. SHGs can then be linked to financial institutions to help improve economic conditions. The role of facilitators in assisting SHG formation and management is also outlined.
“Emergence and Activities of Self-Help Group (SHG)-A Great Effort and Impleme...iosrjce
The budding social consciousness from corner to corner of the globe has brought a number of issues
to the fore among which gender impartiality and empowerment of women are very noteworthy. Discrimination
against women in the form of male-female segregation reflects the core of the gender-biased structure. The
education is the biggest therapeutic power and the rise in the levels of education which nourishes progressive
stance and the beginning of industrialization and modernization have effected a sea change in the attitudes and
thinking prototype of the citizens. The empowerment is not fundamentally political single-handedly in fact;
political empowerment will not be successful in the deficiency of economic, socio-cultural and environmental
empowerment. Women empowerment is a progression in which women confront the presented norms and
culture, to efficiently encourage their well being. The involvement of women in Self Help Groups (SHGs) made a
momentous impact on their empowerment both in social and economical aspects. This study addresses women
empowerment as well as rural development through self help groups of Khejuri CD Blocks in Purba Medinipur
district of West Bengal. The information requisite for the study has been collected from both the primary and
secondary sources. A multistage random sampling method has been followed. Average and percentage analysis
was accepted out to draw significant interpretation of the results. Factor analysis was used to measure the
relationship between the observed variables. The outcome of the study revealed that the SHGs have had greater
impact on both economic and social aspects of the beneficiaries.
Rajasthan has a largely agrarian economy with high poverty and low human development. Microfinance, especially self-help groups (SHGs), has become important for empowering women and alleviating poverty. In Rajasthan, microfinance is synonymous with SHGs, of which there are over 1.5 lakh promoted by various government and non-government organizations. However, access to credit remains low in Rajasthan compared to other states. Microfinance provides financial services to the poor and helps generate income through loans for activities. SHGs allow people to save small amounts and access loans at low interest. While microfinance has benefited many, issues remain such as access for the rural poor, quality of SHGs,
1. Self-help groups (SHGs) are small voluntary organizations formed by poor people, especially women, to save small amounts of money regularly and use these pooled funds to give interest-free loans to members.
2. SHGs were pioneered in India in the 1980s and have since grown significantly with over 7 million SHGs currently existing across 29 states and 6 union territories.
3. NABARD, the National Bank for Agriculture and Rural Development, has played a key role in standardizing and promoting the SHG model across India through guidelines, training programs, and incentives.
Baseline findings from two impact evaluations using self-help group platforms...POSHAN
This presentation was made by Dr. Kalyani Raghunathan (IFPRI) in the session on ‘A new platform for delivering nutrition impacts: Emerging research on self-help groups and rural livelihood programs’ at the POSHAN conference "Delivering for Nutrition in India Learnings from Implementation Research", November 9–10, 2016, New Delhi.
For more information about the conference visit our website: www.poshan.ifpri.info
Backyard Poultry Farming Through Self-Help Groups in West Bengal - Towards Go...copppldsecretariat
The Scheme 'Distribution of cocks, drakes and cockerels, etc.' involves the distribution of Rhode Island Red (RIR) chickens and Khaki Campbell (KC) ducks to rural households. This is a centrally-sponsored family-based Scheme wherein the Department of Animal Resources Development, Government of West Bengal distributes poultry birds to marginal rural households throughout the State. This scheme shows that not only can it contribute to rural poverty reduction but also that, despite some shortcomings and the rather high subsidies, it is possibly bankable and could be strengthened and scaled-up through appropriate public private partnerships.
[ Originally posted on http://www.cop-ppld.net/cop_knowledge_base ]
IMPACT OF MICRO FINANCE THROUGH SELF HELP GROUPS IN PUDUKOTTAI DISTRICTIAEME Publication
Micro finance programmes targeting women empowerment have been a welcome initiative. It is recognized and accepted as one of the new development paradigms for alleviating poverty through social and economic empowerment of poor, with special emphasis on empowering women. Providing micro credit to rural women through an organized setup will make them enterprising. SHGs are a viable organized set up to disburse micro credits to rural women for the purpose of encouraging them to enter into entrepreneurial activities.
Microfinance provides small loans, savings opportunities, and insurance to low-income individuals. It began as a way to provide financial services to the poor so they can become self-sufficient. Microfinance includes products like loans, deposits, insurance, and money transfers for microenterprises, poor and low-income households. It aims to alleviate poverty by increasing incomes and living standards through programs tailored to disadvantaged communities.
WOMEN SELF HELP GROUPS AND SUSTAINABILITY INDICES: A STUDY OF SUCCESSFUL SELF...IAEME Publication
This document summarizes a research study that analyzed various sustainability indices of successful self-help groups in Uruli Kanchan Village, Pune district, India. The study identified key indices that influence the sustainability of self-help groups, including leadership index, meeting index, record keeping index, conflict index, decision making index, goal clarity index, group climate index, and communication index. Statistical analysis of these indices for 50 self-help groups found that leadership index, meeting index, record keeping index, decision making index, and communication index aligned closely with ideal sustainability, while conflict index and group climate index showed some deviation. The study provides insight into factors that promote long-term sustainability of self-help groups.
The document summarizes the history and functions of Panchayati Raj, India's system of local self-government. Key points include:
- Panchayati Raj was established in 1957 to provide democratic local governance through village councils at three levels - village, block, and district.
- The 73rd amendment in 1993 gave constitutional status to Panchayati Raj, mandating elections every 5 years and reserving 1/3 of seats for women.
- Panchayat Samitis at the block level implement development schemes related to agriculture, education, infrastructure, and industries. Their main sources of funding are state government grants and loans.
- The updated system strengthened the three-tier structure
The document summarizes the economics of a layer farming operation with 1000 layers and 10000 layers. It outlines the fixed capital costs including buildings, equipment, and total fixed costs. It also lists the overhead costs, recurring/working capital costs including costs of chicks, feed, labor, medicines/litter/transportation. It provides income details from egg sales, sale of byproducts and calculates the gross and net profits per year and per bird for each operation.
This document provides details on a proposed 50,000 unit poultry farm layer project in India. It discusses the importance of poultry farming as a source of income and nutrition. It then outlines the scope and potential of the layer farming industry in India. The remainder of the document details the requirements and considerations for setting up the proposed 50,000 unit poultry layer farm, including infrastructure needs, birds, production parameters, feeding, and relevant government schemes and regulations.
The document summarizes the Swarnajayanti Gram Swarojgar Yojana (SGSY), a self-employment program launched by the Government of India. The key points are:
1) SGSY aims to bring families living below the poverty line above it by providing income-generating assets through bank credit and government subsidies.
2) It focuses on a group approach and forming self-help groups, as well as identifying clusters of economic activities.
3) Implementation involves organizing the rural poor into self-help groups, providing training and assets, and linking groups to credit and marketing support.
The document provides an overview of a study on self-help group (SHG) bank linkage practices in the states of Madhya Pradesh, Bihar and Karnataka in India. It examines the financial and operational performance of SHGs, including their savings, lending, borrowing, bookkeeping and interactions with banks. Some key findings are that compulsory savings contributions and discipline varies significantly across states, internal lending rates are generally higher than bank rates but penalties for defaults are often too low, and most SHGs require further training and support to improve their record keeping. The document concludes with recommendations around savings products, credit policies, default management and bank responsibilities.
Presentation to bank staff on features of rural economy, rural financing, Kisan Credit Card, National Rural Livelihood Mission (NRLM), Self Help Groups (SHG), Joint Liability Group (JLG), term loans for agriculture, dairy etc., in Indian context
Microfinance provides small loans, savings, insurance and other financial services to low-income individuals who lack access to traditional banking services. In India, microfinance helps the estimated 26-50% of the population that lives below the poverty line, as well as the 87% of poor households without access to formal credit. Common microfinance models in India include self-help groups which pool savings and offer small loans, and the Grameen Bank model of groups of five joint-liability borrowers. The self-help group model dominates microfinance in India, facilitated by the National Bank for Agriculture and Rural Development. Microfinance has grown substantially over the last decade but there remains massive unmet demand, as over $30 billion is
Selfhelpgroups - Default Management and Recoveries: A Study among the Schedul...inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
SAKHI raises capital through:
1. Loans from Friends of Women World Bank at an annual interest rate of 13.5%
2. Group guarantees followed by center guarantees for loans provided to members
3. Upfront loan processing fees of 2% charged to borrowers
SAKHI provides microloans ranging from Rs. 3,000 to Rs. 15,000 to economically disadvantaged individuals through a systematic organizational structure and loan disbursement process.
Rating of sanghamitra rural financial servicesNaresh Majhi
1) SRFS is a microfinance institution based in Bangalore, Karnataka that provides credit to self-help groups promoted by MYRADA, a well-known NGO.
2) SRFS has over 100,000 members and a gross portfolio of Rs. 48.6 crores as of March 2008. It operates on a self-help group bank linkage model.
3) SRFS receives support from MYRADA, which facilitates its operations and training. It has a strong board and low operating expenses. However, its profitability is declining and portfolio-at-risk is increasing.
Growth of SHG-Bank Linkage Programme – A Comparative Study of Six Regions in ...Louis Manohar
The SHG-Bank Linkage Programme in India has been a flag-ship programme of National Bank for Agriculture and Rural Development (NABARD), with the objective of enabling the poorest of the poor to access financial resources to increase household income and to achieve sustained livelihood. The purpose of the study was to explore the penetration and growth trend of SBL programme in the six regional divisions of India. Results indicated significant association between savings per SHG, credit disbursed per SHG and loan outstanding per SHG. Growth rate of savings per SHG was less, compared to growth rate of loan amount disbursed per SHG and also outstanding per SHG. The difference between outstanding per SHG and loan disbursed per SHG was gradually increasing. Outreach of SBL programme was significantly uneven between the six regions. During the study period 2007-08 to 2013-14, Southern region’s share of savings per SHG, loan disbursed per SHG and outstanding per SHG was significantly higher than the other five regions and also higher than the national average. North-East was the least reached out region, compared to the other regions.
The document discusses self-help groups (SHGs) in India and their financing. It defines SHGs as informal associations of people below the poverty line who come together for mutual help and cooperation, including savings, income generation, and debt swapping. It traces the emergence of SHGs in India from the 1970s and discusses the key role played by NABARD in promoting the SHG Bank Linkage Project since 1992. The document outlines various financial assistance programs for SHGs under NRLM, including revolving funds, interest subvention, and the roles and lending norms for banks in supporting SHGs.
Microfinance aims to provide financial services to low-income populations. In India, microfinance reaches over 33% of the population through self-help groups (SHGs) and microfinance institutions (MFIs). SHGs help empower the poor through collective decision making and access to banking. MFIs face challenges including high operating costs due to low-value transactions, and a lack of trained talent and infrastructure. Financial inclusion efforts in India are focusing on new banking licenses, mobile payments, ATM rollout, and using Aadhaar identification to expand access to financial services. Recommendations include incentivizing mainstream banks to enter microfinance and building community-based financial institutions.
Village Financial Services Private Limited provides microfinance services including loans ranging from Rs. 5,000 to Rs. 50,000 to poor women in West Bengal, India. It currently has over 50,000 borrowers across 13 branches in 5 districts. The organization aims to expand its outreach and services over the next few years. It competes with other microfinance organizations in the state and sees opportunities to grow its market share and contribute to socio-economic development in the region through financial inclusion. The management team has extensive experience and the organization emphasizes strong human resource practices to achieve its social and financial goals.
This document discusses the history and development of self-help groups (SHGs) in India. It notes that SHGs first emerged in the 1970s to provide microfinance and empower women. Major organizations like NABARD, MYRADA, and SEWA promoted SHG models. By the 1990s, NABARD began large-scale promotion of SHGs and banks started allowing SHG savings accounts. SHGs are now widespread across India, with millions of members, providing financial services and livelihood support to rural communities while empowering women. The most common model involves NGOs forming SHGs that are then linked to banks for credit.
This document summarizes the role of non-governmental organizations (NGOs) in rural credit markets and community development in India. It outlines that NGO-microfinance institutions (MFIs) can help address loopholes in rural credit by reaching remote communities and empowering the poor. While NGO-MFIs have grown and contributed to sectors like microenterprise, issues remain around recovery rates, regulations, and linking communities to markets. The document concludes that NGOs understand local needs and can empower communities through programs and functions to promote sustainable development.
This document provides a historical overview of microfinance initiatives in India since independence. It discusses early committees and surveys that examined rural credit needs and access. Major initiatives are described, including self-help groups, programs through NABARD and SIDBI, and the SHG-Bank linkage model. The document also outlines the current status and infrastructure of microfinance provision in India, noting that while access to formal credit has increased, the majority of marginal farmers and landless laborers still rely on informal sources. Overall it traces the evolution of microfinance policy and models in India over several decades.
SUSTAINABILITY OF SELF-HELP GROUPS IN INDIA: TWO ANALYSESDr Lendy Spires
This document summarizes two studies that analyze the financial sustainability of self-help groups (SHGs) in India. SHGs are small, community-based savings and credit groups composed primarily of poor women. The first study examines five SHG programs in different regions of India and assesses their financial viability. The second study proposes a methodology for designing financially sustainable SHG programs by analyzing four leading SHG programs. Some key findings are that well-run SHG programs can cover their costs and are financially sustainable, loan repayment rates are high, and most programs are able to reach very poor clients while avoiding issues like elite capture. However, sustainability cannot be generalized across all Indian SHG programs.
Sustainability of Self Help Groups in India Two AnalysesDr Lendy Spires
This document summarizes two studies that analyze the financial sustainability of self-help groups (SHGs) in India. SHGs are small, community-based savings and credit groups primarily made up of poor women. The first study examines five SHG programs across different Indian states and finds that many well-run programs are achieving financial sustainability and covering their costs while also reaching very poor clients. The second study proposes a methodology for designing financially self-sufficient SHG programs and applies it to four leading Indian programs, finding they can cover their support service costs without ongoing subsidies. Both studies suggest that strong SHG programs that provide adequate support services have the potential to be replicated in a sustainable manner.
This document summarizes two studies that analyze the financial sustainability of self-help groups (SHGs) in India. SHGs are small, community-based savings and credit groups primarily made up of poor women. The first study examines five SHG programs across different Indian states and finds that many well-run programs are achieving financial sustainability and covering their costs while also reaching very poor clients. The second study proposes a methodology for designing financially self-sufficient SHG programs and applies it to four leading Indian programs, finding they can cover their support service costs without ongoing subsidies. Both studies suggest that strong SHG programs that provide adequate support services have the potential to be replicated in a sustainable manner.
This document summarizes the structure and performance of cooperative banking in India. It notes that cooperative banking plays an important role in rural credit but many cooperative banks are struggling financially. Specifically:
- Cooperative banking consists of short-term and long-term credit structures including many primary agricultural cooperative societies.
- While credit disbursement has increased for cooperative banks, recovery rates remain low between 61-79% and NPAs are high between 13-28%.
- Many cooperative banks at the state, district, and primary levels are losing money, with accumulated losses of over Rs. 4,500 crores.
- Primary agricultural cooperatives societies that interface with farmers also show weak financial performance, with over
The document provides background information on Grameen Bank, a microfinance organization and community development bank in Bangladesh. It was founded in 1976 by Muhammad Yunus and provides small, collateral-free loans known as microcredit primarily to impoverished women in rural Bangladesh, with the goal of helping the poor lift themselves out of poverty through entrepreneurship and financial independence. Key aspects of Grameen Bank discussed include its objectives, operations, lending strategies like group lending and the Sixteen Decisions principles, impact and achievements over time.
Gr 4 promotion of self help groups under the shg(1)Anoop K Mishra
This document summarizes studies on India's Self Help Group (SHG) Bank Linkage Programme. It finds that NGOs promoted the most SHGs (136,000) but government agencies promoted the highest percentage (52%). SHGs promoted by different institutions varied in how long they took to prepare SHGs for linkage (6-18 months) and how long they provided post-linkage support (6-60 months). The cost to promote one SHG also varied greatly by institution (Rs. 200-20,400). Banks found lending to SHGs beneficial with better repayment than other loans. However, promoting SHGs also burdened bank staff time. NABARD's role in delegating SHG promotion and monitoring
Similar to Self Help Group Movement in West Bengal and India (20)
Gr 4 promotion of self help groups under the shg(1)
Self Help Group Movement in West Bengal and India
1. Self Help Groups
in India and West Bengal
Discussion Forum
Organized by: Institute of Social Sciences and
Self Help Group Promotional Forum
2nd February, 2013
SHGPF: SHG in India and West Bengal 1
2. Outline of this presentation
1. Genesis of SHGs
2. Finance Focus
3. Strategy of SHGs
4. Characteristics of SHGs
5. Progress of SHGs
6. What is the impact
7. Supply demand mis-match
8. Visible changes in the environment
9. What is the way out – a strategic framework
10. Foreseeing the future – financial, livelihood, social and governance
scenario
11. What is the way out - an operational framework
SHGPF: SHG in India and West Bengal 2
3. Genesis of Self Help Groups
As part of supplementary developmental
approach - SHG-bank Linkage Program in
1992 – financial access
1. Linkage between informal groups like SHG
and formal banking sector
2. without any security or collateral
3. without any scheme
SHGPF: SHG in India and West Bengal 3
4. Finance Focus …. why
• 51.4% of farmer households are financially excluded
from both formal / informal sources.
• Overall, 73% of farmer households have no access t0
formal sources of credit.
SHGPF: SHG in India and West Bengal 4
5. Progress on Self Help Groups
The SHG - Bank Linkage Programme can
be regarded as the most potent initiative
since Independence for delivering
financial services to the poor in a
sustainable manner
– Rangarajan Committee on Financial
Inclusion
SHGPF: SHG in India and West Bengal 5
6. The major strategy of MC
through SHG
to provide easy credit for poor people
to
generate income
through
various self employment means
SHGPF: SHG in India and West Bengal 6
7. Characteristics of SHGs
a strong feeling of affinity
•relationships of trust, non-exploitative
relationships
•homogeneity among members,
•voluntarism
• self reliance
•willingness to support one another in need on
certain structural features - common origin /
same livelihood base / gender bond
SHGPF: SHG in India and West Bengal 7
8. Characteristics of SHGs
Strong feeling of affinity
vis a vis
Peer Pressure in the case of Grameen Model
SHGPF: SHG in India and West Bengal 8
9. Status on Self Help Groups … coverage
SL Rural HH No. of States
coverage states
range %
1 0 - 20 9 Bihar, Jharkhand, J&K,
UP, Sikkim, …
2 21 - 50 10 Assam, CG, Guj, HP,
Raj, Uttaranchal…
3 51 - 75 5 Maha, Tripura, WB.
(57% and 150%) ….
4 76 - 100 2 Goa andOdisha
5 > 100 7 AP (150%& 765%),
Karnataka, Kerala, TN.
9
10. Status on Self Help Groups … Savings
SL State / No. of Amount Savings /
Country SHGs (Crores) SHG
(lakh) (Rs.)
1 AP 14.96 1490 9962
2 TN 9.25 790 8541
3 WB 6.85 377 5499
4 India 79.60 6551 8230
SHGPF: SHG in India and West Bengal 10
11. Status on Self Help Groups … Credit
SL State / No. of Credit Credit / SHG
Country SHGs disbursed (Rs.)
(lakh) (Crores)
1 AP 3.79 8171 215875
2 TN 1.80 1933 107443
3 WB 0.99 551 55481
4 India 11.48 16535 144046
SHGPF: SHG in India and West Bengal 11
12. Status on Self Help Groups … Outstanding
SL State / No. of SHGs OS OS / SHG
Country (lakh) (Crores) (Rs.)
1 AP 14.01 15342 109506
2 TN 5.14 4639 90223
3 WB 3.83 1570 40999
4 India 43.54 36340 83455
SHGPF: SHG in India and West Bengal 12
13. Status on Self Help Groups … linkage
SL State / % of SHGs – % of SHGs –
Country Credit received Credit
during this year outstanding
during this
year
1 AP 25.30 93.66
2 TN 19.44 55.57
3 WB 14.50 55.87
4 India 14.42 54.70
SHGPF: SHG in India and West Bengal 13
14. Status on Self Help Groups … NPA
SL State / NPA – 2012 (%) NPA – 2011 (%)
Country
1 AP 3.46 2.02
2 TN 9.58 7.72
3 WB 3.11 2.28
4 India 6.09 4.72
SHGPF: SHG in India and West Bengal 14
15. Few other observations ….
1 % of sample SHGs having a loan 59
outstanding to Banks
2 SHG Savings and Loan Ratio 1:3.5
3 Inadequate quantum of loan (%) 43
4 Bank loans are not timely 27
SHGPF: SHG in India and West Bengal 15
16. Few other observations ….
1 Learnt to sign 88 %
2 SHG women attends (alone) meetings 66 %
outside the village
3 Casting of vote – independent 52 %
decision
4 Husband shares the household work 68 %
5 Women taking up non-traditional 30%
works
SHGPF: SHG in India and West Bengal 16
17. What is the impact
• ‘Strikingly, 30 years into the microfinance movement we have little solid evidence
that (microfinance) improves the lives of clients in measurable ways’
• A study shows “..on net, 1.8 million microcredit client households, including 9.43
million household members, crossed the $1.25 a day poverty threshold between
1990 and 2008” * This study made no attempt to establish causality between microcredit and
poverty alleviation. Instead, it simply estimates the change in status of microcredit client households
between 1990 and 2008, when compared with their status during the time of the first loan received by
any member of the household.
• Microcredit is a tool for unlocking human dreams. But microcredit, by itself, is
usually not enough.
• That may seem like an unusual way to start an annual report from an organization
named the Microcredit Summit Campaign, but we recognize that we cannot
achieve our goals, especially the goal to see 100 million families move above the
US$1.25 a day threshold, with microcredit alone.
SHGPF: SHG in India and West Bengal 17
18. Supply demand (mis) match
• What ever your types of business venture, the
repayment schedule is weekly.
• At the same time, even if one embarks upon long
term economic venture, the repayment period is not
more than one year.
• The demand side has to comply with the delivery and
to the advantage of the supplier
SHGPF: SHG in India and West Bengal 18
19. (mis) match means
• the repayment is not from the economic activities for which
the credit is supposed to be used and yield economic surplus.
• But it is very useful for trading / vending type of activities
where business cycle is very short and likely to be less than or
match with the credit repayment period.
• It is true that most of the categories of credit recipients of
MCs are either engaged in trading and small traditional
economic activities.
• And some cases, they have to repay from the incomes of
other activities.
SHGPF: SHG in India and West Bengal 19
20. Visible changes in the environment
• National Conference on CBMF Community Based Approaches for Inclusive Growth
• “.... we need to focus on the last theme--empowerment and less on the
NABARD/Velugu obsession with credit” -- Deep Joshi
• “I asked how many of you have toilets at home “ – a question asked to SHG
members in AP by Mr. Jairam Ramesh, Union Minister
• It is really nice to see that this conference is discussing something outside credit” …
opening remark by Dr. Chakraborty, Dy. Governor, Reserve Bank of India
• NRLM – Social Mobilisation, Institution Building, Financial Inclusion, Livelihoods
Promotion and Convergence
SHGPF: SHG in India and West Bengal 20
21. SHGPF’s strategy
From the very beginning – SHG is micro development unit,
not a MF delivery units and
Therefore the key functional areas for SHG movement are
1. creating organizations of poor and marginalized women
(SHG, Clusters, Federations, etc.)
2. ensuring facilities for financial services (savings, credit,
insurance, pension, provident fund, and remittance)
3. addressing income enhancement through various
livelihood measures
4. addressing social, gender and women empowerment
issues, and finally and very importantly
5. strengthening governance locally and globally
SHGPF: SHG in India and West Bengal 21
22. What is the way out
Broad sectoral Approach Intermediary Goal Final Goal
Intervention in
1. Financial 1. Institution 1. Economic
Services. building empowerment
of women Poverty
2. Social 2. Facilitation elimination
sector 2. Women’s &
services 3. Service collective voice improved
provisioning and political quality of life
3. Livelihood empowerment
services 4. Engagement
for rights
SHGPF: SHG in India and West Bengal 22
23. The process needs high level of
performance
• in financial management,
• in institution building,
• in making use of financial services for obviating the supply-demand gap at
the subsistence level along with treading into investment for income
generation by sustainable use of resources through participation in the
market.
Coupled with this, there is a need to understand the environment they live in,
• to identify the immediate and long term and wherever possible micro and
macro level linkages that are severely affecting to wreck their lives
• to strengthen their own internal institutional systems, they also need to
understand the relative position of theirs vis a vis the other institutions
and mechanisms in order to change the relationships in favour of them
SHGPF: SHG in India and West Bengal 23
24. Foreseeing the future .... Financial Scenario
• Silver Bleak
SHG members deposit multiple types of Limited scopes like compulsory
savings with Formal FI / Banks savings
SHG members getting adequate and Losing the battle with MFIs
multiple loan from Banks
SHG members getting adequate and Almost absent
multiple insurance / remittance /
pension products from Banks
Financially sustainable own institutions Weak Institutions
Local Cooperative Banks / BCC / German As clients and vulnerable
Cooperative - as owner
SHGPF: SHG in India and West Bengal 24
25. Foreseeing the future .... Livelihood Scenario
• Silver Bleak
Some members engaged in self Only trading through MFI’s
employment - production, loan
manufacturing and trading
Skill for Jobs Unskilled
Market - own and external External market
Wage Employment with Unskilled wage eraner –
negotiable skill and voice unorganized
Own collectives
SHGPF: SHG in India and West Bengal 25
26. Foreseeing the future .... Social Scenario
• Silver Bleak
Rights and entitlement - control At the receiving end of the
and access ensured delivery
Social Equity Social inequality
Gender Equity Gender inequality
Strong Institution and capacity Lack of voice
to engage
Inclusive with necessary positive Exclusive / discriminating
discrimination
SHGPF: SHG in India and West Bengal 26
27. Foreseeing the future .... Governance Scenario
• Silver Bleak
Institutions with participatory No institutions of poor /vulnerable
governance
Engagement with and Participants in Engagement not possible – one
Elected governance sided
Synergy between Participatory Elected governance affords to
governance and Elected governance : a ignore people’s needs and voice
case for people’s governance
Constituents ‘ interest preserved Elites prevail
people’s governance controls / manages Economy driven by corporate
economic principle interest
SHGPF: SHG in India and West Bengal 27
28. Way out – an operational frameowrk
• the promotion of local micro-savings for
accumulation of capital
• promotion of genuine community-owned and
controlled financial institutions, such as credit
unions,
• Explore local markets and build own strangth
• Macro policies that promote local sustainable
businesses
SHGPF: SHG in India and West Bengal 28
29. Thank you for your patience
And
Requesting you to debate ……
SHGPF: SHG in India and West Bengal 29