A comparative study of loan provided to SHG and weaker section by various banks under lead bank scheme: With special reference to Gujarat state
Rajiv G Sharma and Dr. Sejalben R Christian
Looking at the social fabric in the country, it can be said that thousands of communities living in India are facing disparate problems and the policies of state government have been continuously surviving to encounter their problems. In India, NABARD has launched various schemes to empower the weaker section. All types of bank group provide Credit for the upliftment of SHG and weaker section, so this is the right time to evaluate bank’s performance in SHG sector and Weaker Section and find out which banks are giving more importance among selected two groups to reduce poverty. The researcher has used the chart to get the detailed information regarding growth rate in the number of SHG and uncovered areas in all the districts of Gujarat during the study period. Research concludes from the chart that the Mehsana district has the highest number of SHGs, While Devbhumi Dwarka and Dangs district has recorded the lowest number of SHGs. Pearson’s correlation test proves that there is no correlation between Loan sanctioned for weaker section and loan sanctioned SHGs by all the Selected banks in North Gujarat.
Rajiv G Sharma, Dr. Sejalben R Christian. A comparative study of loan provided to SHG and weaker section by various banks under lead bank scheme: With special reference to Gujarat state. Int J Finance Manage Econ 2021;4(2):114-117.