A STUDY ON SELF HELP GROUPS IN THE CONTEXT OF WOMEN ENTREPRENUERSHIP

Abstract

An essential component of any nation's development is entrepreneurship. Everyone knows that entrepreneurship is crucial to any economy in which an individual takes the initiative to launch their own company and is prepared to assume all associated risks, rather than working as an employee for another company. Women's roles have evolved as a result of industrialization and increased educational attainment. The number of female entrepreneurs has increased. In order to start a business, women are taking the initiative to acquire the necessary technical know-how as well as other production-related elements. There are certain things that draw a woman in and inspire her to start her own business, but there are other things that push and compel her to take charge of her own life because of her obligations to her family. Some people in villages and small cities choose to create groups because they are dealing with similar issues. These groups may have between ten and twenty men or women. We refer to these groups as self-help groups. These organizations are crucial in helping their members live less in poverty. The majority of the women in these groups may work in businesses such as handicrafts, tailoring, dairying, and agarbatti manufacturing. For such impoverished communities, government encouragement is crucial.