how can formal sector loans be beneficial for poor farmers and labours
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Answered by
1
Explanation:
Provide credit at a reasonable rate of interest to fulfil various needs of the people by providing cheap and affordable credit. This credit can be distributed equally which helps in benefiting the poor. This can help in promoting agricultural activities and small-scale industries.
Answered by
2
Answer:
(1) create awareness to farmera about formal sector loans.
(2) banks and coopratives should increase of facility of providing loans.
Explanation:
hope my answer is helpful
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