SHGs Role in Finacial Inclussion and Empowerment: A Study on Bangalore (RURAL) District

Abstract: This paper examines SHGs should expand their scope and agenda from economic empowerment to social and political empowerment too. It has been recognized as an instrument to bring socio-economic transformation among the different members. In today’s interconnected finacials, SHGs plays a pivotal role in driving economic growth, particularly for women members. This article explores the various ways in which SHGs drives economic growth, evaluates its benefits and challenges, and discusses the policies and strategies. The study has said that the While carrying out income generation activities SHGs must integrate the issues relating to gender equality, access and control over resources and rights and entitlement of women into their programmes. It explains that the status of women in society is index of its degree of civilization. As long as women are excluded from socially productive work and are restricted to household chores, the emancipation of women is impossible.