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What is the role of microfinance, SHGs, and women’s economic empowerment?

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  • Microfinance and Self-Help Groups drive women's economic empowerment by providing collateral-free credit, fostering financial literacy, and promoting rural entrepreneurship.
  • This structural shift enhances decision-making power and breaks vicious cycles of poverty.
  • To master these crucial socio-economic dynamics, SleepyClasses IAS offers premium, comprehensive modules that seamlessly turn development data into high-scoring UPSC answers.