International Journal of Management and Business Studies

ISSN 2167-0439

International Journal of Management and Business Studies ISSN: 2167-0439 Vol. 4 (1), pp. 129-137, January 2014. © International Scholars Journals

Full Length Research Paper

Women empowerment through micro enterprises –Role of microfinance (A study with special reference to select Mandals in W.G. District, A.P.)

1R.Sreenivasa Rao, 2G.V.Chalam and 3Ratnajirao Chowdary

1Department of Management Studies, Sir C.R. Reddy College,Eluru-534 007, W.G.Dist, Andhra Pradesh, India.

2Department of Commerce & Business Administration, Acharya Nagarjuna University, Nagarjuna Nagar, Andhra Pradesh, India.

3Dept. of Management Studies, VSM College, Ramachandrapuram, E.G. District, Andhra Pradesh, India.

*Corresponding author. Email: [email protected] .Tel. +91 9440679482 

Accepted 10 December, 2013

Abstract

Self Help Group (SHG) movement in Andhra Pradesh (Tammi Raju, 2011) should be reoriented towards training women for starting micro-enterprises by providing prompt and needed amount of loans.  In this era of globalization, there is a wide scope for encouraging micro-enterprises to manufacture machine tools, components of TV, radio, watches, cosmetics and even microchips of the computers and other electronic goods. Such cottage industries exist and flourish in China, Korea and Singapore.  Indian women can create history if they are helped to rise to the occasion for more productive jobs and absorb surplus labour in the rural areas.  This is the real women empowerment, which is not impossible.

Key words: Cottage industries, empowerment, micro-enterprises, SHG, training.