Self-help groups (SHGs) have contributed towards rural development and women empowerment, but their uneven geographical spread and funding defaults are serious challenges that need to be addressed. Discuss. (Answer in 250 words)

As per Economic Survey, there are 1.2 crore SHGs that have mobilised over $17 billion in 2021. Bank → Government → SHG → Rural Development Role of SHG in rural development: (1) Financial inclusion in rural areas ($17 billion saving) (2) Skilling of rural workforce → Stree Shakti programme MP (3) Positive impact on health & social outcomes → Myrada Km in reducing maternal mortality Role of SHG in woman empowerment: (1) 88% of SHGs are woman led (2) Developing entrepreneurship among women → Dijat Pepel → SEWA Gj (3) Easy credit to women Kerala → Kudumbashree (4) Fighting social taboos & evils → Swath Mahila - Dowry & Alcohol Challenges faced by SHGs: (1) Rising learn default &

Challenges faced by SHGs: (1) Rising learn default & spatial default s (2) Uneven geographical spread → Cluster default (3) Positive impact on health & social outcomes → Myrada Km in reducing maternal mortality Role of SHG in woman empowerment: (1) 88% of SHGs are woman led (2) Developing entrepreneurship among women → Dijat Pepel → SEWA Gj (3) Easy credit to women Kerala → Kudumbashree (4) Fighting social taboos & evils → Swath Mahila - Dowry & Alcohol Challenges faced by SHGs: (1) Rising learn default & spatial default s (2) Uneven geographical spread → Cluster default (3) Positive impact on health & social outcomes → Myrada Km in reducing maternal mortality

Challenges faced by SHGs: (1) Rising learn default & (2) Uneven geographical spread with uneven spread → Cluster default (3) Positive impact on health & social outcomes → Myrada Km in reducing maternal mortality

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