Question

Kudumbashree, a state-level poverty eradication and women empowerment mission, promotes financial empowerment primarily through:

• A. Offering interest-free loans to all women
• B. Investing solely in government-backed infrastructure projects
• C. Providing a platform for microfinance and collective savings
• D. Facilitating direct stock market investments for individual members

Answer 1

Answer:

C. Providing a platform for microfinance and collective savings

• Kudumbashree has created a vast network of Self-Help Groups (SHGs) that function as a form of micro-credit and micro-savings institutions.

• This allows women to save money, get small loans, and start micro-enterprises, giving them financial independence.