After completing B.Com. from Uttar Pradesh University, Priyanshi went back to her village in Kanpur district of Uttar Pradesh. She wanted to contribute to the development of women in her village, so she formed an self help Group(SHG). The membership of which was open for all women of villages voluntarily by paying rupees 500 only, which will be treated as their capital contribution. Priyanshi was aware that the land of her village was suitable for the farming of medicinal plants so, she motivated the members of her organization to grow medicinal plants in their field under the guidance and help of the local agriculture department. It was also decided that the organization will purchase the produce of each member and will sell the same to drug manufacturing companies at a very good price. This was not possible for the members if they try to sell the produce individually. The main objective of the organization was to render services to its member rather than to earn profits for the Group.
In the context of the above case
A. Identify the kind of organization that was formed by the Priyanshi.
B. Explain any five merits of such a type of organization.
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self help group it's objective is development of village of people and helping them in earning more profit
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