Role of SHGs in Women Empowerment at Tarnaka, Hyderabad.

Abstract

The goal of financial inclusion is to promote access to low-cost financial products and services such payments, deposits, and cash transfers. Financial inclusion requires women to be actively involved in managing the household's money. The poor people's limited access to credit and financial services is one of the primary causes of poverty in India. Self-help organisations have shown to be the most reliable and efficient means of delivering microfinance services. The main objective of the paper is to study the socio-economic profile of the respondents and also to study the relationship between socio economic profile and level of empowerment attained. For the study data was collected through interviewing 100 respondents using structured questionnaire. The data was analysed using research tools like Chi Square. The result revealed that women’s social and financial status has improved after joining SHGs.