Inherent problems in SHG formation in rural Punjab

Abstract

The interface between the banks and the rural women oriented Self Help Groups in Punjab has been to assist the women, the National Bank for Agriculture and Rural Development (NABARD) is helping promotes the SHG Bank Linkage Programme which has facilitated the as well formation saving linkage of around 50,000 and credit linkage of 31,300 SHGs in Punjab. Women members of self help groups are being deterred by a series of problems that create hurdles in their attainment of success. The concept of SHGs in Punjab for women empowerment needs to evolve much more. Hence, efforts are required by members to prepare them to take decisions indecently and inculcate exemplary and sustainable leadership traits that would enable them to face various hurdles in their quest for obtaining financial inclusion as well as socio-economic empowerment