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Self-Help Groups and Microfinance in India

Self-Help Groups and Microfinance in India: Legitimacy, Accountability, and Sustained Impact

Introduction Self-Help Groups (SHGs) have emerged as a cornerstone of India’s poverty alleviation and women empowerment strategies. By pooling resources, encouraging savings, and facilitating access to microfinance, SHGs have sought to address issues of financial exclusion, social marginalization, and grassroots development. Over the last three decades, SHGs have grown into a robust network, supported by…

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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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