Problem and strategic model for effective functioning of small entrepreneurs (With reference to self help groups) Murugavel G.*, Dr. Baksh S. Allah** *Ph.D Research Scholar, Department of Sociology, Annamalai University, Tamilnadu. **Assistant Professor, Department of Sociology (DDE), Annamalai University, Tamilnadu. Abstract The fundamental basis of the self-help group exists prior to any external intervention. The self-help group is not a static institution; it grows on the resources and management skills of its members and their increasing confidence to get involved in the issues and programmes that require their involvement in the public and private spheres. The self helps groups provide the benefits of economies of scale, cost effective alternative for different financial services, collective learning, democratic and participatory culture, a firm base and platform for dialogue and cooperation. Moreover, the benefits of self-help groups are based on cooperation rather then competition. It follows the real principle of contribute according to your ability and extract according to your need. Accelerating economic growth and creating an environment for ensuring spread effect of growth have been emphasized, especially during 1990s, for poverty alleviation. There were many factors responsible for lowering the effectiveness of these groups viz., illiteracy, lack of proper leadership, management, promotion of income generating activities, etc. Top |