AMC Indian Journal of Entrepreneurship

Open Access Open Access  Restricted Access Subscription Access

Self-Help Groups and Women Entrepreneurship in India : Opportunities and Challenges


Affiliations
1 Research Scholar, Department of Commerce, Central University of Haryana, Village - Jant-Pali, Mahendergarh, Haryana - 123 029, India

   Subscribe/Renew Journal


The number of women entrepreneurs is increasing all over the world but the condition of women in developing nations is different from that of women in developed countries. In India, the empowerment of women is an important issue as the condition of rural women is still very pathetic. Government of India is taking various initiatives for the development of women and for improving their economic condition. Self-help group (SHG) programme has proved to be an effective programme for empowerment of women. SHGs provide financial facilities to rural women which helps in starting entrepreneurial activities and motivating women for establishing new small businesses. Women are participating in training and capacity building programmes and are utilizing the loan amount for income-generating activities. SHG members take mutual decisions related to production and marketing. Secondary sources of data were used for fulfilling the purpose of the paper. This paper attempted to explain the role of SHGs in women entrepreneurship development. It highlighted the opportunities provided through SHGs as well as through different schemes of government for entrepreneurship development. The challenges in the way of women entrepreneurs are also discussed. The result of the study will help policymakers in framing policies for the development of women entrepreneurs and provide future direction to researchers.

Keywords

Economic Empowerment, Self-Help Groups, Women Entrepreneurship.

Paper Submission Date : January 22, 2021; Paper Sent Back for Revision : February 12, 2021; Paper Acceptance Date : February 15, 2021.

User
Subscription Login to verify subscription
Notifications
Font Size

  • Agarwal, S., & Lenka, U. (2018). Why research is needed in women entrepreneurship in India: A viewpoint. International Journal of Social Economics, 45(7), 1042–1057. https://doi.org/10.1108/IJSE-07-2017 0298

  • Ajaz, S., & Sharma, V. (2014). Microfinance: Contemporary issues and challenges: A case study of J&K state. The International Journal of Business & Management, 2(5), 163–168. http://52.172.159.94/index.php/theijbm/article/view/132349/91680

  • Bharathi, G. V., & Masthani, S. (2014). Self-help groups an instrument for the development of women entrepreneurship. International Journal of Management & Business Studies,4(2), 48–53. http://www.ijmbs.com/42/dr-g-vijaya-bharathi.pdf

  • Das, P. K. (2016). Mainstreaming the marginalized through microfinance [Ph.D. thesis]. Bhubaneswar, Odisha: KIIT University. http://hdl.handle.net/10603/145400

  • Datta, S. K., & Singh, K. (2013). Determinants of income generation and financial performance through self-help groups. Journal of Social Service Research, 40(1), 97–110. https://doi.org/10.1080/01488376.2013.845129

  • DDatta, S. K., & Singh, K. (2013). Determinants of income generation and financial performance through self-help groups. Journal of Social Service Research, 40(1), 97–110. https://doi.org/10.1080/01488376.2013.845129

  • Dubey, R. (2020, March 8). Oyo’s vulnerabilities. Business Today. https://m.businesstoday.in/lite/story/oyovulnerabilities/ 1/396393.html#aoh=16130634336025&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

  • Dutta, S. (2016). Women entrepreneurship development through self help group in Assam. 3rd International Conference on Multidisciplinary Research & Practice, 315–318. Department of Home - Science, L.T.K. College, Assam. https://www.rsisinternational.org/3ICMRP-2016/315-318.pdf

  • Goel, N., & Madan, P. (2019). Benchmarking financial inclusion for women entrepreneurship–A study of Uttarakhand state of India. Benchmarking: An International Journal, 26(1), 160–175. https://doi.org/10.1108/BIJ 01-2018-0023

  • Goyal, M., & Parkash, J. (2011). Women entrepreneurship in India - Problems and prospects. International Journal of Multidisciplinary Research, 1(5), 195–207.

  • Gupta, S. D., & Chatterjee, S. (2018). Social entrepreneurship through micro-entrepreneurs of self-help groups. Social Entrepreneurship and Sustainable Business Models, 161–175. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-74488-9_7

  • Harikrishnan, V., & Karuppasamy, R. (2017). The role of micro finance towards empowerment of women self-help groups. International Journal of Applied Business and Economic Research, 15(16), 423–434. https://www.researchgate.net/publication/319478839_The_role_of_micro_finance_towards_empowerment_of_women_self_help_groups

  • Koneru, K. (2011). Women entrepreneurship in India - Problems and prospects. International Journal of Multidisciplinary Research, 1(5), 195–207. doi: https://dx.doi.org/10.2139/ssrn.3110340

  • Leelavathi, D., & Sulaiman, J. (2017). A study on marketing challenges and opportunities of women entrepreneurs through self-help groups in Chennai city. International Journal of Advance Research, Ideas and Innovations in Technology, 3(1), 828–833.

  • Ministry of Commerce and Industry. (2020, March 20). Female founders women trailblazing innovation. https://www.startupindia.gov.in/content/sih/en/women_entrepreneurs.html

  • Mishra, S., & Sahoo, C. (2018). Women’s entrepreneurship development through self-help groups: Journey from under participation to saviour. Indian Journal of Economics and Development, 6(7), 1–7. https://www.academia.edu/39813083/Women_s_Entrepreneurship_Development_Through_Self_Help_Groups_Journey_From_Under_Participation_to_Saviour

  • NABARD. (2020). Status of microfinance in India 2019–20. https://www.nabard.org/auth/writereaddata/tender/NABARD%20SMFI%202019-20_compressed.pdf

  • National Bank for Agriculture and Rural Development. (2017). State Focus Paper 2016-17–Haryana. https://www.nabard.org/demo/auth/writereaddata/tender/2110161208Haryana-StateFocusPaper 2016-17.split-and-merged.pdf

  • Paramanandam, D. A., & Packirisamy, P. (2015). An empirical study on the impact of micro enterprises on women empowerment. Journal of Enterprising Communities: People and Places in the Global Economy, 9(4), 298–314. https://doi.org/10.1108/JEC-08-2014-0017

  • NABARD. (2020). Status of microfinance in India 2019–20. https://www.nabard.org/auth/writereaddata/tender/NABARD%20SMFI%202019-20_compressed.pdf

  • Sethuraman, K., & Muthukrishnan, A. (2019). Self help group as rural women entrepreneurs to the society. Journal of the Gujrat Research Society, 21(12), 254–257.

  • Sharma, A., Dua, S., & Hatwal, V. (2012). Micro enterprise development and rural women entrepreneurship: Way for economic empowerment. Arth Prabhand: A Journal of Economics and Management, 1(6), 114–127. https://www.academia.edu/3587473/MICRO_ENTERPRISE_DEVELOPMENT_AND_RURAL_WOMEN_ENTREPRENEURSHIP_WAY_FOR_ECONOMIC_EMPOWERMENT

  • Singh, R. (2012). Women entrepreneurship issues, challenges and empowerment through self help groups: An overview of Himachal Pradesh. International Journal of Democratic and Development Studies,1(1), 45–58. http://www.rcmss.com/1ijdds/Women%20Entrepreneurship%20Issues,%20Challenges%20and%20Empowerment%20through%20Self%20help%20Groups_%20An%20Overview%20of%20Himachal%20Pradesh

  • Singh, R. (2012). Women entrepreneurship issues, challenges and empowerment through self help groups: An overview of Himachal Pradesh. International Journal of Democratic and Development Studies,1(1), 45–58.

  • Singh, V., & Padhi, P. (2017). Loan demand by microfinance borrowers: Do self-help groups and joint liability groups differ? A case study of Mirzapur district. International Journal of Social Economics, 44(12), 1892–1905. https://doi.org/10.1108/IJSE-02-2016-0066

  • Sivashankar, N., & Khedgi, K. (2011). Influence of trainings on the knowledge level of self help group members. Studies on Home and Community Science, 5(3), 135–140. https://doi.org/10.1080/09737189.2011.11885340

  • Soni, A. (2015). Role of self help groups in women entrepreneurship development: A case study of Jalandhar District, Punjab. Advances in Economics and Business Management, 2(15),1484–1488. https://www.krishisanskriti.org/vol_image/02Mar201606031934%20%20%20%20%20%20%20Anchal%20Soni%20%20%20%20%20%20%20%20%20%20%20%201484-1488.pdf

  • Srivatsala, B. (2018). Self help groups and rural women entrepreneurship development. International Journal of Engineering Technology Science and Research, 5(1), 789–796. http://www.ijetsr.com/images/short_pdf/1516554061_789-796-SJ80_full_paper_for_IC_2018_Vastala.pdf

  • Suresh Babu, V., & Maran, B. (2013). Women entrepreneurship through self-help groups in India. Shanlax International Journal of Commerce, 1(1), 1–9. http://www.shanlaxjournals.in/pdf/COM/V1N1/COM_V1_N1_001.pdf

  • Thileepan, T., & Soundararajan, K. (2013). Problems and opportunities of women SHG entrepreneurship in India. International Research Journal of Business and Management, 6, 75–82.

  • Varsha, P., Reddy, K., Rao, L. N., & Kumar, A. (2019). Impact of self-help groups, capacity building measures and perceived tension on women empowerment - An empirical study. Asian Journal of Empirical Research, 9(3), 65–87. Doi:10.18488/journal.1007/2019.9.3/1007.3.65.87


Abstract Views: 324

PDF Views: 0




  • Self-Help Groups and Women Entrepreneurship in India : Opportunities and Challenges

Abstract Views: 324  |  PDF Views: 0

Authors

Jyoti Yadav
Research Scholar, Department of Commerce, Central University of Haryana, Village - Jant-Pali, Mahendergarh, Haryana - 123 029, India

Abstract


The number of women entrepreneurs is increasing all over the world but the condition of women in developing nations is different from that of women in developed countries. In India, the empowerment of women is an important issue as the condition of rural women is still very pathetic. Government of India is taking various initiatives for the development of women and for improving their economic condition. Self-help group (SHG) programme has proved to be an effective programme for empowerment of women. SHGs provide financial facilities to rural women which helps in starting entrepreneurial activities and motivating women for establishing new small businesses. Women are participating in training and capacity building programmes and are utilizing the loan amount for income-generating activities. SHG members take mutual decisions related to production and marketing. Secondary sources of data were used for fulfilling the purpose of the paper. This paper attempted to explain the role of SHGs in women entrepreneurship development. It highlighted the opportunities provided through SHGs as well as through different schemes of government for entrepreneurship development. The challenges in the way of women entrepreneurs are also discussed. The result of the study will help policymakers in framing policies for the development of women entrepreneurs and provide future direction to researchers.

Keywords


Economic Empowerment, Self-Help Groups, Women Entrepreneurship.

Paper Submission Date : January 22, 2021; Paper Sent Back for Revision : February 12, 2021; Paper Acceptance Date : February 15, 2021.


References





DOI: https://doi.org/10.17010/amcije%2F2021%2Fv4i1%2F159225