CBSE - X - Economics - Money and Credit
Self help groups support has brought about a revolutionary change on the rural sector. Which values according to you is it able to support? ( explain in points ) - 3 marks
Values of SHGs
Team work- Self Help Group (SHG) is a group of about 15-20 members who pool their savings together.
Self sufficiency lead to eradication of poverty- After two years of regular savings, the SHG can also take a loan from the bank. Loan is given on the name of the group and creates tremendous opportunities for self-employment of the members.
Women Empowerment- Many women as the members of SHGs have become economically independent.
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