Published December 31, 2023 | Version v1
Journal Open

ROLE OF SELF HELF GROUPS IN CONTRIBUTING SUSTAINABLE ENTREPRENEURSHIP IN INDIA

Description

In India Self- Help Groups (SHGs) are formed to make all over economic growth through starting small enterprises through providing economic assistance by Self-Help Groups. Basically, empowerment of woman entrepreneurs is focused. Thus, in 1985 Self-Help Groups (SHGs) were started reduce poverty and empower poor women.Self-Help Groups (SHGs) made it possible to overcome the problems faced by women entrepreneurs and found opportunities in nearby premises. Women can start in Self-Help Groups because number of women is large in the demographic of India. Although number of women is large in India there are many problems faced by the women entrepreneurs because of powers the centralized in the hand of men, lack of education, less capability, growing competition, lack of quality raw material, family background and so on. In this research, researcher found that there is huge scope in entrepreneurship development in India through Self-Help Groups (SHGs) as the positive thinking of the generation has been changed towards Self-Help Groups (SHGs). The objective of the present study was to understand the contribution of self-help groups to sustainable development as well as promoted income generation activities. A traditional review method was used in the study. The result of the study shows that the SHGs play an important role in self-employment by increasing the income and standard of living of the people in India. The problems faced by women entrepreneurs can be reduced by guiding and supporting them by providing required technical knowledge and training itself.

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