Microfinance in India is mainly provided through Self-Help Groups (SHGs), Microfinance Institutions (MFIs) and some other methodologies. The main objectives of the study are to study the management practices and governance structure adopted by SHGs, to examine the impact of microfinance programme on employment and Income level of participants, to analyze the ability of SHGs to deal with risky situations faced by the households and to understand the problems of SHGs and to provide alternate strategies to make SHGs effective. The study had found a remarkable change in the socio-economic...