Self Help Group and Poverty Eradication in India: A Case Study

Abstract

Poverty and hunger are the two foremost concerns of all the developing and underdeveloped nations and in order to eradicate the menace of those, Govt. of India planned to develop and implement strategies to tackle issues resulting from extremity of poverty and its consequent hunger based on UN’s Millennium Development Goals (MDGs). Self Help Group (SHG), being one of those strategies brought about a reduction in poverty and hunger after linking rural banks. This endeavor has positively mobilized the rural economy by decreasing poverty hurdles of socio-economically deprived section of the society. This paper highlights here the importance of such groups in the district of Birbhum in the state of West Bengal, India and seeks to spread this innovative programme at each and every corner of the underdeveloped and developing countries with utmost care considering it as exclusive strategy of poverty eradication.