Social Sciences, asked by cehsgrade10c, 1 year ago

How can the formal sectors loans be made for the poor farmers and workers? Suggest the measures. (detail)

Answers

Answered by rajuRaftar
2
. It is required to create awareness among farmers about formal sector loans.
. Process of providing loans should be made easier.
. It should be simple, fast and timely.
. More number of Nationalised banks/comparative bank is should be agreed in rural sector.
. Banks and cooperatives should increase facility of providing loans so that dependence on informal sources of credit reduces.
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