High Impact Factor : 4.396 icon | Submit Manuscript Online icon |

A Study of Bachat Gat & Women Empowerment in Nagpur City

Author(s):

Nikita Nawariya , G.H Raisoni college of engineering; Dr. Priti Rai, G.H Raisoni college of engineering

Keywords:

Mahila Bachat Gat, Women Empowerment, Microfinance, self-help group

Abstract

Microfinance has developed over the last quarter century all over India into many working configuration and to a varying level of success. One such example of microfinance has been the evolution of the mahila bachat gat .Based on the concept of "self-help," small groups of women have been made into groups of ten to twenty and work a savings-first business model whereby the members savings are used to fund loans. The achievements from these self-help groups (MGBs) are premising and have become a centre of attraction of intense program as it is resulting to be an effective method of poverty reduction. The growth of MGBs and more formal SHG Federations paired now with MBG Bank linkage has made this a presiding form of microfinance in inclusion to microfinance institutions (MFI). This research tries to survey the MBG managing model, the state of MBGs today, their effect on secular society and how they require to be hold on going forward. Also it aims to oral the story of Bachat Gat as a women empowerment and anti-poverty program, not only for its members but also for the wider community. The research covers important aspects related to the microfinance Scheme-Bachat Gat, which is more prevalent among women in Nagpur region.

Other Details

Paper ID: IJSRDV7I100049
Published in: Volume : 7, Issue : 10
Publication Date: 01/01/2020
Page(s): 289-292

Article Preview

Download Article