The SHG movement has witnessed a tremendous upscaling in terms of both mass (formation of SHGs and their linkage with banks) and flow of bank credit but stil remains weak in North West India. I have come across regularly at various interactions with bankers, formal or informal, some concerns which I have now classified into ten broad concerns. The clarifications as stated about each concern are also provided and if understood and internalised, I am sure would bring about the enhanced flow of credit to SHGs in north west India. We must remember that any nation’s development requires among other parameters the access to credit to all segments of society, which is the objective of the SHG movement. The ten concerns and clarifications are stated in a question and answer format as below. 1. Query – A new President and Secretary were elected by the group members, they were advised to open a new account for the SHG, they did not return to complete the formalities. Clarification – The...
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