Publication

Abstract : This research explores the impact of Self-Help Groups (SHGs) on the financial well-being of rural women in Bankura District. Employing a rigorous Difference-inDifferences (DiD) analysis followed by an endogeneity test, the study compares income changes over time between women who joined SHGs and those who did not. The findings reveal that SHG participation is associated with a substantial increase in income among rural women. SHG members benefit from enhanced access to credit facilities, facilitating investments in income-generating activities. Participation in SHGs empowers women, granting them a greater role in household decision-making and bolstering their self-esteem. These results underscore the effectiveness of SHGs in promoting economic empowerment and poverty reduction among rural women, emphasizing the need for continued support and tailored programmatic approaches to harness the full potential of SHGs. This research contributes valuable insights into the socioeconomic transformation of rural women and underscores the importance of gender-inclusive development strategies.