Socio Economic Status Of Self Help Groups On Economic Development Among Rural Households In Selected Blocks Of Thiruvannmalai District, Tamilnadu

Abstract

The present world has been caught in the trap of poverty, unemployment, underemployment and economic disparities etc. In this tough
circumstance Self Help Group programme is appearing as a ray of hope to fight these development enemies. Self Help Group
programme is a group based approach which aim to provide financial access at the door step of rural poor, unemployed and weaker
section of society and encourage them to start micro enterprise or income generating activities so that they can break the vicious circle
of poverty, unemployment and live a dignify life which is the right of every human being. Self Help Group programme is a multidimensional
development strategy which not only provides easy financial access to poor and weaker section but also work on enhance
them the entrepreneurship, self-confidence knowledge and awareness etc. factors. These factors are played significant role to create
employment opportunities and over all socio- economic development of a society. The Tamil Nadu Corporation for Development of
women (TNCDW) was established in 1983 with the prime objective of bringing about socio-economic development and empowerment
of women. The Corporation implements Mahalir Thittam, IFAD assisted Post Tsunami Sustainable Livelihoods Programme and also
SGSY, a major anti-poverty programme meant for self employment of rural poor. Self-help groups (SHGs) in empowering rural women
and their contribution to financial inclusion in India. Economic development can be achieved when resources are equally available and
accessible for all. A Self Help Group is a small economically homogeneous affinity group of the rural poor voluntarily coming together
to save a small amount regularly, which is deposited in a common fund to meet members emergency needs and to provide collateral
free loans decided by the group. Self Help Group s enhance the equality of status of women as participants, decision-makers and
beneficiaries in the democratic, economic, social and cultural spheres of life