Role of JLG’s(Joint Liability Groups) in Enhancing Village Economy

Abstract

JLGs (Joint Liability Groups) help to enhance village economies by providing local jobs, livelihoods, and income, as well as eliminating poverty and creating an inclusive economy. JLG is an informal group of four to ten persons who share a common socioeconomic background, reside in the same neighbourhood, and engage in similar activities. To begin earning a living, all participants agree and take out a loan in groups. JLG’s are formed with the support of FPOs, Kudumbashree, KVKs (Krishi Vikas Kendras), ATMA (Agriculture Technology Management Agency), and local nationalised and cooperative banks. In this study, I investigated the various models of JLG’s and their techniques, the extensive participation of women in all aspects of agricultural and allied activities as well as the obstacles they have in selling their products, generating money and other sources of income, and how group formation empowers women.