Role of Economic Empowerment of Kudumbashree in Achieving Sustainable Development

Management and Commerce

Kerala is primarily an agricultural state that has achieved significant progress in reducing poverty in both rural and urban areas. According to the Government of India’s socio-economic caste census (2011), households are primarily classified based on their socio-economic status. Kudumbashree is largely responsible for Kerala’s social achievement. Kerala government established Kudumbashree, a poverty alleviation program across all districts in 1998. For eliminating poverty, the government has advocated strategies such as social security and deprivation. Kudumbashree’s mission is to serve as a “bank to the underprivileged”. The operations of Kudumbashree are centered on women’s economic empowerment. Women’s economic empowerment entails financial self-sufficiency. When a woman is empowered, her entire family benefits from it. This shows that ensuring women’s equal access to education, credit, and employment will promote sustainability for everyone. The study’s purpose is to look into Kudumbashree activities, identify more about funds, and assess the impact of economic empowerment. The research involved 60 Kudumbashree members from the Palakkad district. For data collection, a systematic questionnaire was designed. Statistical techniques such as percentages and correlation were used to analyze data. It was found that the use of thrift loans and the impact of economic empowerment are inextricably linked. The implementation of the new initiative of Kudumbashree will bring profound transformation to the underprivileged.

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