What are shg explain role of shg in india in points?
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Self Help Groups are groups of 10-20 people in a locality formed for any social or economic purpose. Most of the SHGs are formed for the purpose of better financial security among its members. ... SHGs in India often work in association with Banks (SHG – Bank Linkage Programme).
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SELF HELP GROUPS
* it is a small group of 10-20 people belonging from the same locality .
* the main purpose of such group is to help its members for their economic wellbeing .
* they either carry on some collective business or creats a fund to lend to the needy members.
*government encourages such groups by arranging bank loan at subsidised rate of interest.
Hope it helps ...hav a nice day !
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