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Empowerment in the context of women’s development is a way of defining, challenging and overcoming barriers in a woman’s life through which she increases her ability to shape her life and environment. Today, globalization has presented new challenges for the realization of the goal of women’s equality, the gender impact of which has not been systematically evaluated fully. The Government of India and state authorities alike have increasingly realized the importance of devoting attention to the economic betterment and development of women in India. In India, self-help groups represent a unique approach to financial intermediation. Self-help groups are novel and innovative organizational setup in India for the women up-liftment and welfare. This paper highlighted the role of self-help groups in empowering women and discusses its importance for the economic development of women of the country.
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