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Poverty Alleviation

Poverty Alleviation through Microfinance

Introduction Poverty is one of the most pressing socio-economic challenges in developing countries, especially in nations like India, Bangladesh, Nepal, and several African states. Despite decades of development initiatives, poverty continues to persist in rural as well as urban areas due to structural inequalities, unemployment, lack of access to resources, and limited financial inclusion. Traditional…

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Challenges Before Self-Help Groups (SHGs) and Measures to Make Them Effective and Beneficial

Self-Help Groups (SHGs) have emerged as a powerful tool for social and economic empowerment, particularly in rural and underserved areas of India. These groups, primarily formed by women, are designed to provide members with opportunities for financial inclusion, skill development, and community support. While SHGs have contributed significantly to poverty alleviation, social cohesion, and financial…

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