Does microfinance impact on food security and living standard of the poor?

Microfinance across the globe and particularly in India is being practiced as a tool to mitigate poverty. The paper utilizes statistical technique and adequate sample size chiefly as an empowerment tool to uplift the downtrodden. It was uniquely established that Self Help Groups (SHGS) in India have been significantly successful in achieving the objective of economic development of the weaker sections of the society as well as play a significant role in improving the incomes of the weaker sections, thereby ensuring food security besides improving their standard of living