Question

What role do Self-Help Groups (SHGs) play in the development of rural enterprises?

• A. SHGs provide employment in government sectors
• B. SHGs act as intermediaries for multinational corporations
• C. SHGs help women entrepreneurs access credit and markets
• D. SHGs provide large-scale infrastructure for rural industries

Answer 1

Answer:

C. SHGs help women entrepreneurs access credit and markets

SHGs are a crucial component in empowering women in rural areas by pooling resources, promoting savings, and facilitating access to credit. Many SHGs engage in entrepreneurial activities such as handicrafts, food processing, and tailoring, enabling women to start and expand small businesses.