• Mona Prashar
• Dr S Ramachandran

Rural women who are members of Self Help Groups (SHGs) in most villages have been recognized as empowered as compared to those women who are not as yet members of SHGs. How far this holds true was the question that the researcher development a took up as the focal point of query among twenty SHGs of a development in the Mohali district (SAS Nagar) of Punjab in a decent study. The methodology was of empirical research and the tools of enquiry used were Focus Group Discussion (FGDs) and In-depth Interview (IDIs) with members of SHGs. The sample comprised all members of the 20 SHGs of Majri Block. The criteria for the selection of these groups were merely the fact that the groups have been in existence for over two years and that they had been successfully linked with banks and had taken loans besides carrying on inter-loaning. Another criteria was that all the SHGs were maintaining their books meticulously. The help of NABARD official as well as bankers was taken to obtain a healthy grouping of SHGs. The objective of the paper is to supplement certain hypothesis proposed by the researcher for her doctoral research. Thus, the findings derived from the small universe of study are indicative of spending habits of SHG members that in turn are a reflection of the level of economic and financial empowerment that has been achieved by them.

Rural women, SHGs, financial, empowerment, Focus group Discussions, In-depth Interviews, purchasing power.

"EMPOWERED WOMEN – A FINANCIAL MANAGEMENT FRAMEWORK BASED ON THE PURCHASING POWER OF SHG MEMBERS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 9, page no.1-3, September-2018, Available :http://www.jetir.org/papers/JETIRA006231.pdf

"EMPOWERED WOMEN – A FINANCIAL MANAGEMENT FRAMEWORK BASED ON THE PURCHASING POWER OF SHG MEMBERS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 9, page no. pp1-3, September-2018, Available at : http://www.jetir.org/papers/JETIRA006231.pdf