64th B.P.S.C. (Pre) 2018
Who among the following has given the idea of Self-Help Groups as an effective tool for poverty alleviation?
aAmartya Sen
bMd. Yunus✓ Correct
cS. Chakravarti
dVenkaiah Naidu
eNone of the above/More than one of the above
Explanation
The idea of Self-Help Groups (SHGs) was conceived by Nobel Peace Prize winner Dr. Muhammad Yunus of Bangladesh. SHGs and microfinance are playing a major role in poverty eradication, financial inclusion, and women’s empowerment.
economic-social-development