Solution- It looks to build the functional capacity of the poor and the marginalized in the field of employment and income generating activities. It resolves conflicts through collective leadership and mutual discussion. It provides collateral free loan with terms decided by the group at the market driven rates. Such groups work as a collective guarantee system for members who propose to borrow from organised sources. The poor collect their savings and save it in banks. In return they receive easy access to loans with a small rate of interest to start their micro unit enterprise. Consequently, Self-Help Groups have emerged as the most effective mechanism for delivery of microfinance services to the poor.
In Leh, the first ever ice climbing festival was celebrated in ______ valley in January 2021.
What is the primary role of INS Sandhayak, the first Survey Vessel Large (SVL) ship commissioned into the Indian Navy?
Recently Sagar Parikrama Phase IV begins from which of the following city?
Which organization collaborated with the Indian Navy to test a Hydrogen Fuel Cell Bus under the National Green Hydrogen Mission?
Which is the top ranked nation in the 17th edition of the Climate Change Performance Index, compiled by Germanwatch, the New Climate Institute, and the ...
Who has been chosen as one of the flag bearers for India at the Paris 2024 Olympics Closing Ceremony alongside PR Sreejesh?
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Which of the following bank has given India’s first loan against digital gold ?
Which Indian duo won the women’s doubles title at the WTT Feeder Cagliari 2024?
One Nation Corporate Card has been launched with the ability to function as a National Transit Card, enabling cardholders to travel throughout India on ...