Self Help Group Movement — Mains Questions

Critically analyze the role of Self Help Groups (SHGs) in fostering financial inclusion and women's empowerment in rural India. Discuss the major challenges that impede their full potential.

The Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has significantly transformed the Self Help Group (SHG) movement. Elaborate on the key features of DAY-NRLM and assess its impact on rural poverty alleviation and entrepreneurship.

Discuss the evolution of microfinance in India, specifically highlighting the role of the SHG-Bank Linkage Programme. What lessons can be drawn from the challenges faced, such as the Andhra Pradesh crisis, to ensure sustainable and responsible microfinance practices?