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Explain the functions of "Self Help Group". - Social Science

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प्रश्न

Explain the functions of "Self Help Group".

संक्षेप में उत्तर

उत्तर

  1. Self-Help Groups are small groups (particularly in rural areas) that pool their resources and individual savings to assist others in need of funds.
  2. Allows members to work for themselves in a variety of self-employment opportunities.
  3. Assists in improving the living conditions of the affected members.
  4. Reduces reliance on informal credit sources.
  5. Thus, with the assistance of SHGs, the rural poor become economically independent, and their reliance on local money lenders who charge high interest rates is reduced.
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Self-help Groups for the Poor
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2021-2022 (April) Delhi Set 1
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