Social Sciences, asked by sreyanshu5810, 1 year ago

What are recent goverment stratgeis to expand formal soirce of credit in india?

Answers

Answered by nejumanizar123
0

the strategies taken up by the govt are :

National agricultural insurance scheme (NAIS) has been implemented to provide insurance and financial support to the farmer's.

increased credit flow towards the agricultural sector.

Rural bank allowed limited overdraft facilities in no-frills account without any collectorate security.

some other methods include: rural infrastructure development,kissan credit card schemes, cooperative development fund...etc

hope this can help..

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