“Self-Help Groups provide stimulus to socio-economic development in rural areas.”
Justify the given statement with a valid explanation.
Justify the given statement with a valid explanation.
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Solution and Explanation
Empowerment: Self-Help Groups (SHGs) empower rural women and marginalized sections by providing access to credit and promoting entrepreneurial activities.
Employment Generation: SHGs enable small-scale businesses and agricultural activities, reducing unemployment in rural areas. Social Development: They foster community development, skill-building, and financial literacy, improving overall socio-economic conditions.
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