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प्रश्न
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Suggest some ways by which small farmers can get cheap credit.
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उत्तर
Self-help groups and banks can provide cheap loans to small farmers. Because the loan obtained from them has a lower interest rate than other sources, and may be readily repaid in three or four years.
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संबंधित प्रश्न
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"Deposits with the banks are beneficial to the depositors as well as to the nation." Explain the statement
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In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Explain with an example of how the terms of credit can be unfavourable for the small farmer.
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In a SHG most of the decisions regarding savings and loan activities are taken by ______.
Why do banks or lenders demand collateral against loans?
