Economy, asked by suzy712, 5 months ago

'Credit from formal sector is crucial for rural areas' elucidate?​

Answers

Answered by muskan474941
1

Answer:

Three suggestions to increase formal sources of loan in rural areas:-

The numbers of Regional Rural Banks should be increased.

The government should provide short term and long term loan at the time of emergency like flood or famine.

The number of land development bank should be increased.

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