The Paper
Meenu, et.al., Int. J. Eco. Res., 2011, 2(2), 35-45
ISSN: 2229-6158
WOMEN EMPOWERMENT THROUGH MICROFINANCE INTERVENTION IN THE COMMERCIAL BANKS
An empirical study in the Rural India with special reference to the state of Punjab Dr. Sangeeta Arora, Reader, Ms Meenu, Research Scholar Department of Commerce and Business Management, Guru Nanak Dev University, Amritsar, Punjab, India
Abstract In a male dominated society, women have always been underestimated and discriminated in all spheres of life be it their family and social life or their economic and political life. Moreover, the traditional duties of managing households create hinderances in their social and economic empowerment. Over the years various efforts have been made by many Government and Non Government organisations to promote women empowerment especially in rural areas. One such effort is the microfinance intervention. Many leading public and private sector banks are offering schemes exclusively designed for women to set up their own ventures. Even the unorganized sector has been heading into microfinance movement. The present paper is an attempt to study the role of microfinance intervention in promoting women empowerment in rural India. An empirical study has been carried out in the state of Punjab. The objective is to analyze the use of micro financial services by the women clients and access their level of satisfaction with regards to these services. Keywords: Microfinance, Micro credit, Women empowerment, Financial inclusion
Introduction Women have been the most underprivileged and discriminated strata of the society not only in India but the world over. Inspite of all Government and Non-Governments’ efforts, they have been highly ignorant clients of the financial sector. In the recent times, microfinance has been emerging as a powerful instrument for empowering women particularly, the rural women. Apart from the informal sector of finance the formal and semi formal sectors like
ISSN: 2229-6158
WOMEN EMPOWERMENT THROUGH MICROFINANCE INTERVENTION IN THE COMMERCIAL BANKS
An empirical study in the Rural India with special reference to the state of Punjab Dr. Sangeeta Arora, Reader, Ms Meenu, Research Scholar Department of Commerce and Business Management, Guru Nanak Dev University, Amritsar, Punjab, India
Abstract In a male dominated society, women have always been underestimated and discriminated in all spheres of life be it their family and social life or their economic and political life. Moreover, the traditional duties of managing households create hinderances in their social and economic empowerment. Over the years various efforts have been made by many Government and Non Government organisations to promote women empowerment especially in rural areas. One such effort is the microfinance intervention. Many leading public and private sector banks are offering schemes exclusively designed for women to set up their own ventures. Even the unorganized sector has been heading into microfinance movement. The present paper is an attempt to study the role of microfinance intervention in promoting women empowerment in rural India. An empirical study has been carried out in the state of Punjab. The objective is to analyze the use of micro financial services by the women clients and access their level of satisfaction with regards to these services. Keywords: Microfinance, Micro credit, Women empowerment, Financial inclusion
Introduction Women have been the most underprivileged and discriminated strata of the society not only in India but the world over. Inspite of all Government and Non-Governments’ efforts, they have been highly ignorant clients of the financial sector. In the recent times, microfinance has been emerging as a powerful instrument for empowering women particularly, the rural women. Apart from the informal sector of finance the formal and semi formal sectors like
References: Meenu, et.al., Int. J. Eco. Res., 2011, 2(2), 35-45 ISSN: 2229-6158