Social Sciences, asked by lockheed, 1 year ago

Importance of agriculture finance in india ?

Answers

Answered by rachitsainionline
0

The Reserve Bank of India plays a crucial role in this sphere by giving overall direction to rural credit and financial support to NABARD for its operations. At the time of Independence the most important source of agricultural credit were the moneylenders.

Answered by arya6907
0
Agriculture Rural Multipurpose Development Banks in India have become importantinstitution providing long-term agricultural credit. The involvement of the NABARD in financinglong-term agricultural credit has necessitated the need for the effective functioning of theAgriculture in India.

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