An analytical study of working and generation of selfemployment by self help groups with special reference to Nanded distric
In the present day every country is struggling for social and economical development and richness of any country can be measured by its per capita income. But While considering per capita income we find unequal distribution of wealth among poor and rich population of country like India, which is called ‘A Country of Villages. ’In modern time Indian Industrialist are progressing spectacularly. But very few peoples are so rich while majority people are deeply poor in India, and unfortunately at international level India is recognized “A poor and hungry Country.” Most of the cases of suicides and frustrations of farmers, labour, hand workers, unemployed and married women and some times of businessmen are due to economics problems, means bankruptcy and insolvency. When this lower class people will be developed, that times the country will develop in real manner. Now India’s population is about 102.5 crore, and 67% population of it lives in villages and 30% population is Below poverty Line (BPL). 80% population of BPL needs financial facilities. But they have nothing to secure at bank for loan and no bank is interested in such type of banking. Peoples live in undeveloped area far from bank to reach.