The scheme was launched during 2000-01 with an objective to empower rural women and make them self reliant by inculcating the habit of savings and proper utilization of financial resources.
Anganwadi workers and supervisors are instrumental in organizing rural women in self help groups.
About 15 to 20 women who belong to below poverty line families, landless agricultural labourers, SC/ST join together to form one self help group.
Objectives:
To strengthen the process of economic development of rural women and create a conducive environment for social change.
To form one lakh Self Help Women Groups based on thrift and credit principles which builds self reliance and enable women to have greater access to control over resources.
To create self confidence in rural women by involving them in income generating activities thereby contributing to poverty alleviation.
To provide opportunities to the members of the groups to avail the benefits of other departmental schemes by converging the services of various departments and lending institutions to ensure women's access to credit financing.
Impact of the Scheme
About 15-20 lakhs poor rural women have been organized in one lakh self help groups for empowering them.
Since the entire scheme rests on the group dynamics, the functioning of these SHGs are centered around the individual savings of the members, the members have cultivated the habit of regular savings.
Poverty alleviation is achieved through financial self reliance in rural women as the groups are linked to financial institutions to ensure women’s access to various types of credit.
A revolutionary growth in the organization of rural women is possible as the concept of SHG provides self confidence which ensures control of resources.
As rural poor women folk become economically independent and the groups get acquainted with financing institutions, members will have loan facility to take up different activities which will eradicate poverty.
Last modified: Wednesday, 22 February 2012, 1:54 PM
Participants