What do you know about the programme "Kudumbashree"?

Question

Accepted Answer

"Kudumbashree" is a women-oriented community-based programme focusing on the reduction of poverty in Kerala.

1. It has been implemented in Kerala since 1995.

2. It is a thrift and credit society which started in the form of a small savings bank for poor women.

3. Its sole objective was to promote savings.

4. It was able to mobilise Rs. 1 crore as thrift savings.

5. Such societies have won accolades as the largest informal banks in Asia, in terms of participation rate and the mobilisation of savings.