self help group support has brought about a Revolutionary change in the rural sector explain with suitable example in 5 marks
Answers
Self help group generally taken in rural areas where different people come together and collect the money (about 25to100) per month as possible and after Long time the amount become more. These amounts are shown to the bank as a collateral and hence they get enough lone from the bank.it has many importances for the rural people.ex.
They invest such money for maintaining their surrounding such as road cleaning,
Ex.2. in case if someone is in the urgent requirement of money then they also get money from collected amount
HENCE shg self help group is beneficial for the rural people.
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self help group support has brought about a Revolutionary change in the rural sector explain with suitable example in 5 marks