Biology, asked by sheshank987, 10 months ago

How formal sector is beneficial for poor farmers and workers?

Answers

Answered by shubhamyadav90

Answer:

Formal sector loans can be made beneficial for poor farmers and workers in the following ways:

It is required to create awareness among farmers about formal sector loans. ... Banks and cooperatives should increase facility of providing loans so that dependence on informal sources of credit reduces.

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