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In addition, it is widely believed that SHGs have had a positive impact on the poverty levels and standards of living of the poor and more particularly on the economic empowerment of women.
In June 2010, the first harvest of pearl millet by the Siya SHGs increased from an average of 70kg per hectare to 570kg.
While outreach has been extensive, evaluations of the health, growth, and impact of SHGs on members' social and economic development indicate both successes and weaknesses.
The Indian micro finance scene is dominated by Self-Help Group (SHGs) which were formed with the initiative of NGOs with 10-20 members and work as economic unit.
SHGs selection was done employing convenience Sampling technique was employed to select the SHGs in the selected villages.
Women's advocates say government should play a positive role by introducing term deposits for SHGs, so that women's savings would help them become self-sufficient.
The experiences of SHGs in many countries have been proving great success as an effective strategy and approach in recent years.
I do not have the experience of working with SHGs of women in Kerala, but I have read about the role of women's organizations in the economic empowerment of women.
After several women complained that since TRS came to power, SHGs were not getting bank loans and incentives for their work and even the pension scheme for the members of the group was removed, Rahul Gandhi said, "The difference between the earlier Congress government and the present Modi government at the centre and TRS government in Telangana was their attitude towards women.
The rural women are engaged in small-scale entrepreneurship programmes with the help of SHGs. Through that, they were economically empowered and attained status in the family and community.
While interacting with the members of the SHGs, the Minister asked them to increase the production of livelihood stock so that more and more people get benefited and are aware of the scheme which would ultimately improve their economic conditions.
Global Banking News-August 29, 2016--Indian banks to provide loans to women SHGs at seven percent
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- Shi Huang