Role of Self-help Group (SHG) on Socio-economic Enlargement of Rural Poor in India

Self Help Group (SHG) programme is a remarkable attainment, especially in respect of rapidly popular larger anti poverty programme. The concept of Self Help Group (SHG) in present situation is an indigenous replica of Bangladesh Grammin Bank (BGB) concept which was developed by prof. Yunus, a professor of Chittagong University in Bangladesh. NABARD and SGSY are main two players playing in the field of forming and functioning SHGs throughout India. SHG under NABARD are popularly known as SBLP, which are promoted by NGOs. On the other hand SHG under SGSY mainly promoted by DRDAs. The present study makes an attempt an analysis the multidimensional role of SHG in India. These are poverty eradication role, targeting role, entrepreneurship development role, empowerment role etc. The study concluded that SHG has the potential to become a dominant component of a successful and sustainable poverty alleviation programme in India.