Question

the credit activities of the informal sector should discouraged. Support this statement with arguments​

Answer 1

Answer:

The credit activities of the informal sector should be discouraged because: 85% of loans taken by the poor households in the urban areas are from informal sources.

Answer 2

Answer:

most of the information landing change much high interest on the loan thurs the cost of boros of the informal loan is much higher

there is no organisation such which supervisor credit activity of landers in former sector

they therefore include the exploitation of labour in pair means to get their money back from the borewell

as the cause of borrow is very high in informal sector a carriage part of income of the borvel used to repair loan and they have less income left

people who my tress to start an enterprise me meet actually do so because of the higher cost of borrowing