Self help group: S (SHGs) are grassroots-level community-based

Self Help Groups (SHGs) are grassroots-level community-based organizations that bring together individuals with similar socio-economic backgrounds and interests. These groups are formed with the aim of empowering their members through mutual support, economic activities, and social development. The concept of Self Help Groups originated as a means to uplift marginalized communities and has gained significant recognition worldwide for its impact on community development. Self-Help Groups (SHGs) foster financial inclusion, women empowerment, skill development, and poverty reduction through collective savings and credit activities. Learn about the definition, functions, need, genesis, benefits, opportunities and weaknesses of SHGs in India. SHGs are informal associations of people who come together to improve their living conditions and access credit and financial services.