Question
Which of the following are the benefits of Self-Help
Groups (SHGs)? I- SHGs often appear to be instrumental in rural poverty alleviation. II- SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. III- SHGs strive upon the idea of replacing formal banking system.Solution
Social integrity – SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. Gender Equity – SHGs empowers women and inculcates leadership skill among them. Empowered women participate more actively in gram sabha and elections. Banking literacy – It encourages and motivates its members to save and act as a conduit for formal banking services to reach them.
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