Economy, asked by abhirajchoudhary93, 9 months ago

How can the formal sector loans be made beneficial for poor farmers and workers? Suggest any five measures.

Answers

Answered by llxdevilgirlxll
4

Hyy Dude

Formal sector loans can be made beneficial for poor farmers and workers in the following ways: ... Banks and cooperatives should increase facility of providing loans so that dependence on informal sources of credit reduces. The benefits of loans should be extended to poor farmer and small scale Industries.

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