Under micro-credit programmes, Self-Help Groups are given funds such as the Community Investment Support Fund (CISF). According to NCERT, these funds are given mainly to:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → take up self-employment for income generation
SHGs get funds such as the Community Investment Support Fund (CISF). These funds are meant for self-employment that brings income. Such credit is called micro-credit.
NCERT (2026-27): “5.3 Credit and Marketing in Rural Areas … In recent years, about ₹ 10-15,000 per SHG and another ₹2.5 lakhs per SHG as a Community Investment Support Fund (CISF) are provided as part of renovating fund to take up self employement for income generation. Such credit provisions are generally referred to as micro-credit programmes. …” |