1. An analytical study of shg as micro-finance in slums of pune city with reference to eradication of poverty.
Authors : K.p.bairagi
Pages : 67-70
DOI : http://dx.doi.org/10.21172/1.141.13
Keywords : SHG, Self help group, PMC, Entrepreneurship, Micro Finance, NABARD Abstract :SHG is one of the important agencies of Micro Finance providing Loans to the poorest poor people. Micro finance is a system of delivering very small loans to needy people, particularly those whom banks are not ready to give loans The objectives of SHG are not only to promote the saving among the poor but also to organize them for their development, to fulfill financial needs of the poor, to organize working class, to solve their problems and to eradicate poverty in the nation by improving their standard life of people. Today 35 Lack SHG are working in India, near about 5 cores people were participate in SHG in various state, They have saved more than 12 cores till 31st march 2008. The population of pune district is near about 72,24,224 and population of pune city is near about 24,00,000 out of which 35% i.e. 8.4 lacks population is living in 45 slums of the city. Most of the people living in slums are below poverty line. This population includes labourers, huckster and small entrepreneurs. They have no any security to take loan from the banks. So, they take loan from the private money lenders and it leads them into poverty. So it is always told that providing low rate finance to them is an important way to eradicate their poverty. In this study an attempt has been made to find out, what role of self help groups is in the process of eradication of poverty of the slum people.
Citing this Journal Article :K.p.bairagi, "An analytical study of shg as micro-finance in slums of pune city with reference to eradication of poverty.", Volume 14 Issue 1 - July 2019, 67-70
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