Inclusive Growth through SHG-An Expost Study

Abstract : SHGs is for accelerating the economic growth with equity by way of access to credit requirement to vulnerable groups. The NABARD implemented such programmes favouring SHGs in the country. SHGBLP requires coordinated efforts by all stake-holders to tackle the issues of heavy concentration, stagnation in growth, multiple membership, lower bank linkage both in number and quantum, and also for the rising of non-performing assets in the country. The cooperative institutions like District Cooperative Central Banks and Primary Agricultural Cooperative Credit Societies have a long history and also helped the beneficiaries tremendously in our country. It is noted that the SHGs has grown over the years in various parts of the country but 26 per cent of them have been brought under the SHG-Bank Linkage Programme. In addition, a huge amount of regional variation in both credit deepening and credit widening has been observed in the country.