Question

In what ways do the self help groups help the rural sector of indian economy

Answer 1

HI

1)SHGs help borrowers overcome the problem of lack of collateral.
2)They get timely loans for a variety of purposes and at reasonable rates of interest.
3)It hell's women to become financially independent.
4)The regular meetings provide a platform to discuss and act on a variety of social issues such as health, nutrition, domestic violence, etc.

Hope it proved to be beneficial.......