Impact of Self Help Groups on the food security and non-food consumption of weaker sections of the society
Vighneswara Swamy () and
MPRA Paper from University Library of Munich, Germany
Microfinance across the globe is being practiced as a tool to mitigate poverty and chiefly as an empowerment tool to uplift the downtrodden. The paper has uniquely established that Self Help Groups in India have been significantly successful in achieving the objective of economic development of the weaker sections of the society in India. The paper has founded using the statistical technique and adequate sample size that SHGs have significant impacts on the per family food expenses and non-food expenses as well and hence play a significant role in improving the incomes of the weaker sections of the society which constitute sizeable population of the poor and thereby ensure food security besides improving their standard of living.
Keywords: Economic Development; Institutions and Growth; Microfinance; Banking; Poverty; Cross-sectional analysis; Consumption; Saving (search for similar items in EconPapers)
JEL-codes: C21 E21 G21 N35 O43 O47 (search for similar items in EconPapers)
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