Impact Assessment of Self Help Group towards Rural Development: A Case Study of Jharkhand, India

This article is based on primary and secondary information and talks about the premise that poverty has developed social system and subsystems of its own for exploitation poor and especially women in Jharkhand. The context for this paper also derives from the current overriding emphasis on microfinance in rural finance discourse and its celebration as the new ‘magic wand’ in the fight against poverty. The methodology of the present study relied on primary data, books, the web-based research, review of print literature and visit to the selected sites to witness SHGs and microfinance status in India. The paper concludes that SHGs plays very important role in development livelihood and community.