The salvation of an underdeveloped economy lies in its development. The basic objectives of this paper are to estimate Women Empowerment Index using Principal Component Analysis and to examine the effectiveness of joint liability microfinance programmes through cooperative banks in empowering rural women socially and economically. The sample has been selected from one block of Hooghly district. The role of Hooghly district cooperative bank is significant. Results show that the women are empowered socially and economically which has contributed to rural development.
Prof. Dr. Bilal BİLGİN