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Statistical evaluation of the impact of the SwarnJayanti Gram Swarozgar Yojana (SGSY) on socio-economic development of women in aquaculture in Eastern Hills of Orissa was made. A sample size of 60 women self-help groups (WSHGs) was selected from Koraput and Rayagada districts by multistage stratified random sampling method. The data on socio-economic status of the WSHGs were collected from 2006-2007 to 2008-2009. The members of the WSHGs were interviewed to collect information on their financial contribution and its expenditure pattern. There was a high significant difference between two means in yield (410.9 kg/acre, 306.1 kg/acre), employment generation (387 man-days, 277 man-days), financial contribution by the members to their families (Rs. 3,265/-, Rs. 2,490/-) and expenditure on food (Rs. 953/-, Rs. 538/-) of two groups of WSHGs-the treatment group, i.e., WSHGs under SGSY and the control group. By evaluating the level of development of the WSHGs during 2008-2009, it is revealed that 27.8% of WSHGs under SGSY achieved high level of development in economic sector against 11.9% of WSHGs in the control group. Similarly, in social sector, the percentage of WSHGs in treatment group in the category of high level of development (33%) was higher as compared to the percentage of WSHGs in the control group (11.9%). No significant difference in the development level of empowerment was found between these two groups of WSHGs. The state government should take necessary steps for increasing literacy and technical trainings of the members of the WSHGs in addition to micro-finance for successful implementation of SGSY. [ABSTRACT FROM AUTHOR]