Current Affairs · Government Schemes
What is the first step in the SHG-Bank linkage process under the DAY-NRLM?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Approval from the State Project Management Unit (SPMU) before group formation
- 2Formation and nurturing of a Self-Help Group (SHG)✓
- 3Submission of income certificates to the District Mission Unit
- 4Direct sanction of loans by the bank to individual members
Correct answer
Formation and nurturing of a Self-Help Group (SHG)
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