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27 Jul 2026
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SHGs Boost Financial Inclusion
📷 Image: Wikimedia Commons / Jorge Royan
National

SHGs Boost Financial Inclusion

✍️ The Times of India 🗓 27 Jul 2026, 09:48 PM 👁 1

A recent study reveals that Self-Help Groups (SHGs) have played a significant role in promoting financial inclusion among Particularly Vulnerable Tribal Groups (PVTGs). The study highlights the positive impact of SHGs on the financial lives of PVTGs.

The study emphasizes the crucial role of SHGs in extending financial services to PVTGs, who often face challenges in accessing traditional banking channels. By providing a platform for savings, credit, and other financial services, SHGs have helped PVTGs to improve their financial stability and independence. This, in turn, has enabled them to invest in their livelihoods and enhance their overall well-being. The study's findings underscore the potential of SHGs to contribute to the financial inclusion agenda in India. As the country continues to strive for greater financial inclusion, the role of SHGs is likely to become even more critical in the years to come.
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