National Bank for Agriculture and Rural Development (NABARD) has organised a one-day training programme for group leaders of self help groups (SHG) at Samba.
The programme was promoted by the Kristu Jyoti Social Welfare Society under aegis of NABARD.
Highlighting the concept of SHG, Surinder Singh, district development manager of NABARD, said although the banking network in rural and semi-urban areas had increased manifold after nationalisation, many of the rural households were still dependent on moneylenders, shopkeepers and market vendors for their petty credit needs. “The needs of these rural poor are small, but often arise at unpredictable times and are usually of a marginal nature. Against this background, an alternate mechanism for meeting the credit needs of the rural poor in the form of SHGs has been evolved,” he said.
He said, “NABARD provides capacity building assistance and financial support to NGOs/ banks for promotion and broad basing of microfinance operations.”
The problems of poverty, illiteracy, lack of skills, health care etc were also discussed.
“These problems cannot be tackled individually, but can be better solved through group efforts. Today these groups can become the vehicle of change for tackling such socio economic problems,” he added.
A training session on management of SHGs, maintenance of accounts and book keeping and types of economic activities was also held.