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What is the main purpose of LokOS?

ATo digitize the entire network of Self-Help Groups (SHGs) across India.

BTo provide online education to rural communities.

CTo facilitate e-commerce for rural artisans.

DTo manage government welfare schemes.

Answer:

A. To digitize the entire network of Self-Help Groups (SHGs) across India.

Read Explanation:

The main purpose of LokOS is to achieve end-to-end digitization of the entire Self-Help Group (SHG) network under the National Rural Livelihoods Mission (DAY-NRLM).

It moves traditional, paper-based bookkeeping and record-keeping onto a mobile and web-based platform to:

  • Enhance Transparency: Provide real-time data on member profiles, savings, lending, and repayments.

  • Improve Efficiency: Reduce the manual workload on record keepers (Bookkeepers) and expedite financial services like loan disbursement.

  • Empower Rural Livelihoods: Centralize data to better identify member needs, provide financial assistance, and connect them with government livelihood schemes.

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