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प्रश्न
What is the basic idea behind the SHGs for the poor? Explain in your own words.
उत्तर
The basic idea behind the SHGs for the poor is to provide them with a vista for self-help in financial areas. A self-help group is a small group comprising people in the rural areas who collect their savings, and loan these out to members on an interest rate lower than that charged by the informal sector. If the SHG functions well for over a year, then it becomes eligible for loans from banks. Such loans are then used for creating self-employment opportunities for the poor. Thus, they become economically upgraded and are not dependent on moneylenders anymore.
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संबंधित प्रश्न
Why is the supervision of the functioning of formal sources of loans necessary?
How can the formal sector loans be made beneficial for poor farmers and workers? Suggest any five measures.
What are the reasons why the banks might not be willing to lend to certain borrowers?
Manav needs a loan to set up a small business. On what basis will Manav decide whether to borrow from the bank or the moneylender? Discuss.
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Suggest some ways by which small farmers can get cheap credit.
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
What are the other sources from which the small farmers can borrow?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Explain with an example of how the terms of credit can be unfavourable for the small farmer.
__________is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
In a SHG, most of the decisions regarding savings and loan activities are taken by ______.
How can more employment be created in agriculture sector alone ? Explain any three ways.
