Question

Explain the role of SHGs in rural development.
explain in four points.​

Answer 1

Answer:

*SHGs have raised women empowerment in raising agricultural productivity and family income.

e.g, Tamil Nadu Women in Agriculture

*These function as micro credit systems where money is pooled and savings is generated.

* When in lack of institutional access and there is danger of informal sector exploitation, SHGs can give loans from pooled in resources at reasonable interest rates, and investment can be made on small ventures like soap making, mushroom cultivation, etc.

*These have improved employment conditions for both rural men and women, and also raised their living standards. They are more efficient and self reliant through cooperation. Thus developing rural areas