Economic Empowerment of Women with Reference to Income Sources and Spending Patterns – a Study Conducted in East Godavari District
Ramanuja Naraharisetti
Ramanuja Naraharisetti, Assistant Professor, Department of Business Administration, Prasad V. Potluri Siddhartha Institute of Technology, Kanuru, Vijayawada (A.P), India.
Manuscript received on 12 May 2019 | Revised Manuscript received on 19 May 2019 | Manuscript Published on 23 May 2019 | PP: 1914-1919 | Volume-7 Issue-6S5 April 2019 | Retrieval Number: F13420476S519/2019©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The concept of women empowerment has been gaining momentum from the early eighties and has been considered as the ultimate key to long-term economic development. As a direct result of this there has been a constant endeavor toward evolution of literature in the field and also resulted in the development of micro finance/ credit institutions, which acted as a means of meeting the credit needs of the individuals who have been exempted from the formal financial streams. As swami Vivekananda said, “As a bird cannot fly on one wing, no society can make progress unless its women join in all activities”. The first prime minister of India Jawaharlal Nehru also said that “once woman moves, village moves, country moves”. This study aims to understand the link between involvement of women in SHGs and their ability to generate and spend through new sources of income.
Keywords: Women, Economic Empowerment, Income, Pre-SHG, Post SHG, NABARD, Millinium Develop.
Scope of the Article: Computational Economics