REASONS BEHIND JOINING SHGs AND FORMATION OF SHG IN BENGALURU: A STUDY

  • Syed Rahamathulla Research Scholar, Dravidian University, Andhra Pradesh, India.
  • Dr. E. A. Parameshwara Gupta Co-ordinator (M. Com.), Sri Kongadiyappa College, Karnataka, India.
Keywords: Formation, Reasons, Self Help Groups, Norms, Income Generating Activities, Empowerment

Abstract

Microfinance initiative is concentrated in South India especially in rural areas. These initiatives are strongly welcomed by the poor, vulnerable and deserved who are rejected by the formal financial organisations and because of failure of government sponsored welfare programmes. The programme undertaken by the government machinery failed to trickle down to the level of poor and suffered from various failures like red-tapism, bureaucracy, high rate of corruption and duplication of projects. People who are living in slums and outerskirts require failure like the rural beneficiary for leading a normal life and to protect from various health hazards. Further, schooling of children is an eternal problem in Bengaluru and becoming inaccessible for the poor to admit in some institutions. Financial initiation through Self Help Group (SHGs) creates awareness among the beneficiaries. On common platform beneficiaries discusses various related socio, economic and political issues. Beneficiaries are asked to undergoing programme and encouraged to involve in IGAs. The comparison of members of SHGs and non-members shows that the members of SHG and their quality of life, health, employment, savings etc. are better when compare to non-members. The empowerment, decision on socio-economic and political is better than the non-members in the concerned areas. The SHGs at Bengaluru are becoming a model to others to follow.

References

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How to Cite
Syed Rahamathulla, & Dr. E. A. Parameshwara Gupta. (2018). REASONS BEHIND JOINING SHGs AND FORMATION OF SHG IN BENGALURU: A STUDY. International Journal of Logistics & Supply Chain Management Perspectives, 7(01), 3285-3293. Retrieved from https://lscmp.com/index.php/lscmp/article/view/4
Issue
Vol. 7 No. 01 (2018): JAN-MAR
Section
Articles

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