17. What is the idea behind the information of Self Help Groups or SGS,s? Explain the functioning of
the self help groups.
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17. What is the idea behind the information of Self Help Groups or SGS,s? Explain the functioning of
the self help groups.
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Answer:
The basic idea behind formation of SHGs is to create self-employment for the poor, particularly rural poor women. The SHGs help poor borrowers to overcome the problem of lack of collateral.