Self-help group (finance)
Small financial intermediary structure
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A self-help group is a financial intermediary committee usually composed of 12 to 25 local women between the ages of 18 and 50. Most self-help groups are in India, though they can be found in other countries, especially in South Asia and Southeast Asia. A SHG is generally a group of people who work on daily wages who form a loose grouping or union. Money is collected from those who are able to donate and given to members in need.
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Odisha government asks collectors to facilitate bank linkage to Mission Shakti groupsThe Odisha government has instructed district collectors to ensure bank linkage for Mission Shakti Groups (MSGs) involved in Mukhya Mantri Karma Tatpara Abhiyan (MUKTA) projects. The Housing and Urban..IndiaTimes - Published | |
SHGs to lead campaign against gender-based violenceIn the battle against gender based violence, the Centre has put 'Self Help Groups' in the driver's seat to step up community-level outreach, especially in rural areas, to encourage women facing..IndiaTimes - Published | |
PM Modi releases ₹380 crore to 1 lakh SHGs in food sectorPrime Minister Narendra Modi has encouraged companies to tap into India's food diversity and meet the increasing demand for packaged food due to rapid urbanisation. He highlighted the growth of the..IndiaTimes - Published | |
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Priyanka's Chhattisgarh poll promise: Rs 500 LPG, Women's SHG loan waiver, free accident careCongress General Secretary Priyanka Gandhi has announced eight guarantees, including a scheme for women that will provide a subsidy on LPG cylinders and waiving loans for women self-help groups, if..IndiaTimes - Published | |
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Govt to support 75 lakh women in SHGs become ‘lakhpati didis’ in 2023-24The government has decided to support 75 lakh rural women associated with self help groups and related livelihood generating activities under the Deendayal Antyodaya Yojana-National Rural Livelihood..IndiaTimes - Published | |