Category: Self Help Groups India

microfinance india shg 2013

Two Decades of SHG-Bank Linkage Program

By Dr Amrit Patel Microfinance [MF] broadly envisions a world in which low-income, poor and the poorest households have permanent and reliable access to a range of better quality financial services at affordable price to finance their income generating activities, build assets, smoothen consumption and protect against risks. A harsh aspect of poverty is that […]

self help group india

SHG and Obama – What a great combination!

By Srinivasan Santhanam All those associated with the micro-finance movement, both in India and world wide,  know pretty well the expansion of the term ‘SHG’. It stands for ‘Self-Help Group’.  On 23 Jan 2013, while reading a news item in the ‘Firstpost’ on the first ever presidential inaugural ball organised by Indian Americans to welcome Barack […]

SHG members stand in front of a truck delivering products manufactured by them.

Over 95% SHG loan accounts regular as of 31st March, 2011

The agency-wise progress under SHG-Bank Linkage Programme as on 31 March 2011 is as under : Amount in Rs. Lakhs Sl. No. Name of the Agency Total outstanding Bank Loans  to SHG Average loan outstanding per SHG No.ofSHG’s Loans outstanding 1 Coml. Bank 3053472 2188325.67 0.71 2 RRBs 451798 190785.65 0.42 3 Coop. Bank 1281493 743005.23 0.57   Total […]

self help group india

Analysis of SHG Bank Linkage Programme in Andhra Pradesh 2011

By Deepti Kc, Amulya Champatiray, Researchers, IFMR-CMF The Andhra Pradesh government while promulgating the MFI Ordinance also stated that it has a mandate to disburse INR 100,000 crores bank loans to SHG women members by 2014 to bring 10 million families out of poverty indicating government’s strong belief in serving the needs of the poor through Self […]

orissa self help groups

Women in Maoist hit Orissa turn to SHG’s

To escape the red shadow of Maoist ultras in Orissa, women of Maoist affected districts have joined self-help groups to become independent and improve their living conditions. Many of these women are engaged in farming and other activities and with their tireless efforts, they are trying to bring about soci0-economic changes. An atmosphere of fear and […]

electronic voting machine

Which way will SHG Vote swing in Tamil Nadu Elections ?

By Rajan Alexander In 1994, Chandra Babu Naidu of the Telegu Desam was quick to grasp the huge potential of SHGs to swing tightly fought electoral contests. He then supported the anti-arrack (local liquor) agitation that was spearheaded by Self-Help Group (SHG)s and rode the accompanying wave that catapulted him as Chief Minister of the […]

self help groups bihar

Moneylender attacks Microfinance SHG in Bihar

A local moneylender vengefully attacked a Dalit woman from a microfinance group, reports Varsha from Bihar. Varsha is the founder of Parivantan Janandolan Kendra, an NGO which was set up to empower women in Bihar. One of the programs her NGO is running aims at implementing self help groups, to help women become self sufficient. […]

ministry for rural development

Rural Development Ministry releases Rs 3.75 Crores to Karnataka and Rs. 1.52 Crores to Himachal Pradesh under SGSY

Swarnjayanti Gram Swarojgar Yojana The Ministry of Rural Development has released grant-in-aid worth Rs.3,75,28,000 as 2nd instalment of central share of funds for the implementation of centrally sponsored Swarnjayanti Gram Swarojgar Yojana which will be spread over 2 districts of Karnataka during the current financial year 2010-11. The details of the grant-in-aid to the State […]

maharashtra SHG

SHG-Bank Linkage Model – Why it is better ?

By Dr.Venkatesh Tagat, CGM, NABARD and R.Bharath Kumar, AGM, NABARD, Bangalore Send your feedback and comments to bhujangabharat (at the rate) gmail (dot) com On the sidelines of Microfinance India 2010 Summit in New Delhi, Dr.C.Rangarajan, Chairman of The Economic Advisory Council to the Prime Minister said that ‘greater linkage between banks and Self Help […]

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Self Help Groups(SHG’s) get boost from Finance Minister

Finance Minister, Shri Pranab Mukherjee has emphasized the need for strengthening of movement of Self-help Groups for financial inclusion so that small and marginal farmers could get access to higher doses of credit in taking out productive land based activities. He was addressing a meeting with the Chief Ministers of South Zone States and Administrators […]

self help group india

Micro finance institutions undermine self-help groups in India

GRIEVANCES GALORE: Women self-help group leaders from various States addressing a press conference The indiscriminate nature of lending and coercive tactics adopted during repayment by micro finance institutions (MFIs) undermined the self-help group (SHG) movement. This resulted in absence of any control over lending and led the SHGs back to moneylenders, alleged leaders of SHG […]

reserve bank India rbi

State-run banks dominate Indian microfinance – RBI

MUMBAI, Dec 17 (Reuters) – Indian state-run banks dominate disbursements to the microfinance sector while private banks lagged, the central bank said in a report on Wednesday. State-run banks disbursed 88 percent of total loans to various self-help groups (SHGs) where its recovery rate varied between 52-99 percent, the Reserve Bank of India said in […]