Self Help Groups (SHGs)has potential to mobilize the poor and address the issues of social development.Organizations of poor women is a positive trend and are essential for their empowerment. All stake holdersviz. Banks, NABARD, Government, NGOs etc. are moving in the right direction but a lot is yet to be done and the pace of growth needs to be high consistently.
The Self Help Group – Bank Linkage Programme (SHG-BLP) has now completed 21 years of its existence as an alternative mechanism for providing formal banking services to the unreached rural poor. Through a simple and informal savings-led and savings linked process, the thrust of the SHG-BLP has been on provision of microcredit to the poor for meeting their emergent credit needs to enabling them to take up livelihoods for combating poverty. Due to inbuilt strengths of the programme, it witnessed exponential growth path and emerged as largest microfinance programme.However, the growth of the programme has been uneven across the states and regions.
While it consistently performed better in the southern states, the growth has not been so encouraging in other States. There are 13 States ,including Madhya Pradesh, which have been identified as “Priority States” for implementation by GoI.The data as on 31 March 2015 reveals that through 76.97 lakh savings linked SHGs with the banks , 10 crore uncovered poor families have been brought into the banking fold cumulatively in the country and nearly 16.26 lakh SHGs were credit linked with outstanding loan of Rs 27582 crore.In Madhya Pradesh as many as 2.25 lakhs SHGs have been savings linked and 0.97 lakhs SHGs have been credit linked cumulatively up to 31 March 2015.
Nine districts in the state has been identified for implementation of the GOI programme on Women’s Self Help Group.Under this programme 27 SHPIs have entered into an MOU with participating branches of banks for promotion of 11,425 SHGs in the district. So far 9,212 SHGs have been savings linked and 2,853 groups have been credit linked by banks up to 31 March 2015.
Status of SHG BLP in the State
||No.of Rural Households in the State
||Total No.of SHGs that can be formed (@13 members per SHGs)
||No of SHGs cumulatively savings linked up to 31 March 2015
||No of SHGs that can be formed and Saving linked (2-3)
||No of SHGs credit linked up to 31 March 2015
||No of SHGs to be credit linked (2-5)
National Rural Livelihood Mission(NRLM)
The National Rural Livelihood Mission programme has come into operation since 2012.This programme is expected to cover the whole of India by 2017.In Madhya Pradesh 153 blocks in 28 districts have been identified as NRLM intensive blocks.The prerogative for creating and nurturing the SHGs in these blocks lies with the NRLM.
Joint Liability Groups(JLGs)
The scheme for financing the rural poor through the JLG mode is another tool available with the banks for providing loans to the small /marginal/tenant farmers,oral lessees,share croppers etc.It enables the banks to reach the farmers through a group approach, adopt cluster approach, and facilities peer education and credit discipline. As against a target for linking 40,000 JLGs during 2014-15,the achievement was around 42,100for the year 2015-16 a target of 40,000 JLGs has been set for the State.
Mahila e-Haat,an online marketing platform for women.
Mahila e-Haat is a unique online platform where participants can display their products. It is an initiative for women across the country as a part of ‘Digital India. Women members of the SHGs can register with this portal free of cost and they can sell their products through this portal. With the launch of the site itself more than 125000 women are likely to benefit.
To Visit Mahila E-haat click here
M.P. DAY - State Rural Livelihoods Mission click here