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प्रश्न
Explain the importance of credit availability to farmers in rural development.
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उत्तर
- Growth of agricultural sector: Farmers are encouraged to invest in agricultural activities by making credit available to them for the purchase of seeds, insecticides, tractors, and equipment. It increases agricultural production not only for subsistence crops but also for cash crops.
- Development of infrastructure: Credit facilities increase agricultural output. It encourages the government to provide improved infrastructure for farmers, such as better irrigation, better roads, power, and godown facilities.
- Balanced regional growth: If the agricultural industry and infrastructure develop in rural areas, it supports balanced regional growth and solves the problem of rural-urban migration.
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संबंधित प्रश्न
Discuss the importance of credit in rural development.
Explain the role of microcredit in meeting credit requirements of the poor.
Critically evaluate the role of the rural banking system in the process of rural development in India.
When was the National Bank for Agricultural and Rural Development set up?
Which of the following is an institutional source of rural credit?
Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development?
The problems faced in rural banking are ______.
The scheme of microfinance is extended through ______.
Which of the following falls under unorganized sector?
National Bank for Agricultural and Rural Development (NABARD) was set up in 1982 as a/the ____________ body to coordinate the activities of all institutions involved in the rural financing system.
Read the following statements carefully and choose the correct alternatives given below:
Statement 1 - The emergence of Self-Help Groups (SHG’s) ensured the reduction in the fissures of the formal credit system.
Statement 2 - The borrowings from SHGs are mainly confined to consumption purposes by their members.
Which is the apex institute at the national level which provides re-finance facilities to institutions engaged in providing rural credit?
What is the importance of self-help groups (SHGS) in rural areas?
What are the steps taken by the government in developing rural markets?
Discuss briefly the importance of micro-credit programmes in rural development.
______ have emerged as an important micro finance system and led to women empowerment.
State and elaborate whether the following statement is true or false, with valid arguments:
Jan-Dhan Yojana has been a crucial step for financial resource mobilization in the Indian economy.
