On March 8, 2020, Minister of Rural Development Narendra Singh Tomar announced that more than 17 lakh Self Help Groups (SHGs) are to be developed by 2022.
Currently, there are more than 60 lakh self-help groups in the country mobilizing 6 crore women.
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The concept of Self-Help Groups was introduced in 1992 under the guidelines of RBI and NABARD.
The “Kudumbashree” project in Kerala is the largest and most successful SHG project in the country that was launched in Kerala.