Self-Help Groups are the building blocks of organisation of the rural poor

Self-Help Groups are the building blocks of organisation of the rural poor. Suggest any three ways to make them popular for social issues.

Answer

  1. The SHGPs help borrowers overcome the problem of lack of collateral. Borrowers can get timely loans for a variety of
  2. purposes and at a reasonable interest rates.
  3. It helps women to become financially self-reliant.
  4. The regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health, nutrition, domestic violence, etc.
Exam Year: 2020 Compartment