Self Help Groups as the Bridge to Women Empowerment

Abstract

Twenty percent of rural families are predicted to be led by women owing to widowhood, desertion, or male-out-migration, according to the Draft National Policy for Women in Agriculture (April 2008) developed by the National Commission for Women (NCW). As a result, women were at a disadvantage in the workforce and in social and economic settings. The remedy to this human poverty seems to be more independence via increased output. The ability of SHGs to save money has increased dramatically in recent years. When women earn money outside the home and invest it in their families, it strengthens their financial standing. Small and medium-sized enterprises (SHGs) help bring about gender equality, inclusive growth, financial inclusion, sustainable development, and the idea of a high quality of life. Microfinance may help women gain economic independence.