Encouraging Self Help Groups

E S C O R D Encouraging Self Help Groups

India’s Self Help Group (SHG) movement has emerged as the world’s largest and most successful network of Community Based Organizations. It is predominantly a women’s movement. As some experts have pointed out, it is a development innovation in its own right. The SHG Bank Linkage Program , which is India’s own innovation, has proved to be one of the most effective poverty alleviation and women’s empowerment programs. The Bank Linkage Program had a modest beginning with 255 credit linked groups and a loan amount of Rs. 29 lakh in 1992-93. Since then, the program has grown exponentially. In the process, SHGs emerged as a mass movement across the country and largest community based microfinance model in the world. As per NABARD’s microfinance report, as on March 2013, about 73 lakh SHGs have savings accounts in banks, with an aggregate bank balance of Rs. 6,551 crores. Over 44.54 lakh SHGs have loan accounts with total loan outstanding of Rs.39,37,530 lakhs. However, there remain regional disparities in the growth of the SHG movement, with limited progress in eastern and western regions. The NABARD has identified 13 states as Priority States including Odisha. In this regard, NABARD has decided to conduct a study in AP and Odisha on quality and sustainability of SHGs to enable the stakeholders, particularly the State Governments and the Banks, to focus on those areas that require improvement and for policy advocacy to evolve the SHG movement in India as a sustainable system. Since 1991 our first project was SHGs establishment. We have organised SHGs not in odisha also in AP & Chhatishgarh. Empowering women SHGs are main way to organised.