Which of the following promoted the concept of Self Help Groups (SHGs) for financing the poor ?
1) NITI Aayog
2) RBI
3) NABARD
4) Union ministry of Labour
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The correct answer is NABARD .
Promotion of Women SHGs (WSHGs) in backwards and Left Wing Extremism affected districts of Ministry of Finance, National Rural Livelihoods Mission (NRLM) of Ministry of Rural Development. The financing of JLGs was introduced as a pilot project in 2004-05 by NABARD in 8 States with the support of 13 RRBs.