SOCIO ECONOMIC STATUS OF WOMEN SELF HELP GROUPS IN COIMBATORE DISTRICT, TAMIL NADU

Abstract

SHG-Bank Linkage Programme (SBLP) launched by NABARD way back in 1992 envisaging synthesis of formal financial system and informal sector has become a movement throughout the country. The objective of this study was to analyze the socio economic status of women SHGs in Coimbatore District. Field survey method was followed for this study. Both primary and secondary sources of data have been used for the study. Multi stage sampling technique was followed for this study. This study found that the SHGs have emerged as a popular and novel method of working based on the principle of ‘by the people, for the people and of the people’. The attempt to marry microfinance with the cooperatives has created a `win-win’ situation both for the banks and the resource poor so that they are able to get access to the formal sources. This linkage was quite appreciable in the study area in bringing effective social impact and group cohesiveness.