Micro-Finance as an anti-poverty vaccine

“Micro-Finance as an anti-poverty vaccine, is aimed at asset creation and income security of the rural poor in India”. Evaluate the role of Self-Help Groups in achieving the twin objectives along with empowering women in rural India. (250 Words, 15 Marks)

Micro-finance, often heralded as an anti-poverty vaccine, plays a pivotal role in fostering asset creation and ensuring income security among the rural poor in India.
Incidence and intensity of poverty

“The incidence and intensity of poverty are more important in determining poverty based on income alone”. In this context analyze the latest United Nations Multidimensional Poverty Index Report (MPI). (250 Words, 15 Marks)

In evaluating poverty, the latest United Nations Multidimensional Poverty Index (MPI) Report underscores the significance of considering both the incidence and intensity of poverty, emphasizing that relying solely on income metrics may be insufficient.