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Vol. 12, Special Issue 8 (2023)

Socioeconomic characteristics of women SHG Members from Disadvantaged district of the Maharashtra

Monica Singh and Sandeep Deshmukh
In a global context where more than 800 million people still subsist on less than $1.25 a day, the study focuses on the socioeconomic characteristics of women members within Self-Help Groups (SHGs) in Ahmednagar and Nandurbar districts of Maharashtra, India. Swift economic growth in nations like China and India has alleviated poverty for many, but gender disparities persist due to unequal access to education, employment, and property ownership. The United Nations Sustainable Development Summit in 2015 established seventeen Sustainable Development Goals (SDGs) aimed at eradicating poverty, inequality, and climate change impacts by 2030.
Microfinance, exemplified by India's SHG-Bank Linkage Program (SHG-BLP), has emerged as a potent tool against poverty. Sampling 240 participants, the study reveals that SHG participation is more prevalent among younger and middle-age members, demonstrating its appeal to productive age groups. Contrary to prior studies, the research area predominantly embraces the joint family system. Family sizes tend to be smaller or medium-sized. Income distribution analysis highlights how SHG involvement has elevated numerous Below Poverty Line (BPL) families to Above Poverty Line (APL) status, contrary to earlier research findings. Training is a key aspect of SHG empowerment, with most members participating in various training sessions offered by organizations like MAVIM and KVK. The study contributes insights into the socioeconomic dynamics of women SHG members, emphasizing their role in poverty reduction, skill enhancement, and overall livelihood improvement. These findings resonate with global efforts towards sustainable development, showcasing the transformative potential of grassroots initiatives like SHGs.
Pages: 1722-1725  |  168 Views  71 Downloads
How to cite this article:
Monica Singh and Sandeep Deshmukh. Socioeconomic characteristics of women SHG Members from Disadvantaged district of the Maharashtra. The Pharma Innovation Journal. 2023; 12(8S): 1722-1725.

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