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Place the milestones of Indian rural credit on the timeline.

Exercise and reference answers

End
2020
Start
1960
Events
  1. Year
    1969
    Item
    Social banking and multi-agency approach adopted
  2. Year
    1982
    Item
    NABARD set up as apex rural financing body
  3. Year
    1995
    Item
    Kudumbashree thrift and credit society begins
  4. Year
    2019
    Item
    Nearly 6 crore women in SHGs
Instructions
Drag each milestone to its year.

Explanation

Social banking came after 1969, ending the era when moneylenders dominated rural credit. NABARD followed in 1982 as the apex body coordinating every institution in rural financing. Kudumbashree's thrift and credit society started in 1995 in Kerala, and by May 2019 nearly 6 crore women were SHG members.
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