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Self Help Group Scheme is an important initiative that aims to help small scale industry workers towards self-reliance. Under this scheme, small scale industry workers are provided support to form groups for prosperity and development so that they can get financial assistance.This scheme encourages the establishment of self-help groups, in which several people come together to form a group and can start small scale industries by obtaining loans through this group. The main goal of this group is to promote mutual cooperation and self-reliance.Under this scheme, the required loan is provided to the group on an audited basis so that the small scale industrialists can promote their business. This loan is obtained through mutual cooperation and helps in entrepreneurship, through which people can develop their self-reliant capacity.People benefiting from the Self Help Group Scheme can, along with their group members, increase entrepreneurship in various sectors, thereby improving the social and economic condition. Thus, Self Help Group Scheme is helpful in making small scale industry workers self-reliant and is an important step towards prosperity.
