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VOL. 11, ISSUE 9 (2024)
Role of women entrepreneurship for escalation of rural economy through self- help groups (SHGS)-An empirical study ‘Chakapad block’ in Kandhamal district of Odisha
Authors
Brajabandhu Mallick, Gundhar Majhi, Laxmipriya Singh, Dr. Ajaya Kumar Nanda
Abstract
The role of women entrepreneurship in the escalation of rural economies
through Self-Help Groups (SHGs) has gained significant attention in recent
years. Empowering women through entrepreneurship has emerged as a key strategy
for promoting economic growth and sustainability in rural communities. This paper
aims to explore the multifaceted impact of women-led businesses facilitated by
SHGs on the overall development of rural economies. The Entrepreneurship
Program focuses on empowering women, especially in rural areas, not only to
make their businesses competitive, but also to promote their well-being and
that of their families. Across the globe, significant entry of women into the
workforce over the past three decades has led to profound changes in the
organization of families, society, economy, and urban life. Women's performance
and skills, influence decision-making and self-confidence in the work
environment and contribute to raising the standard of living in their
household. So, entrepreneurship provides a better platform for poor women to
explore their skills and knowledge and also enhance their individual
proficiency level in the society. The present study highlights the contribution
of women entrepreneurs of Chakapada block to the development of rural economy
through various income generating activities made by them. In this context the
70-sample size has been collected from the Self-Help groups (SHGs) of Chakapada
block of Kandhamala District in Odisha. The core objective of this is to
promote women entrepreneurs through Self-Helps Groups (SHGs) and help them in
becoming financially sustainable.
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Pages:29-33
How to cite this article:
Brajabandhu Mallick, Gundhar Majhi, Laxmipriya Singh, Dr. Ajaya Kumar Nanda "Role of women entrepreneurship for escalation of rural economy through self- help groups (SHGS)-An empirical study ‘Chakapad block’ in Kandhamal district of Odisha". International Journal of Multidisciplinary Research and Development, Vol 11, Issue 9, 2024, Pages 29-33
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