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How are credit and marketing significant for the progess of agriculture??????

Posted by Mansi Sharma 3 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Meghna Thapar 3 years, 6 months ago

Agricultural credit plays an important role in agricultural development. ... In fact, facilitation of access to credit can raise amount of productive investment. Credit has a crucial role for elimination of farmer`s financial constraints to invest in farm activities, increasing productivity and improving technologies. As an important factor of production, credit must play a pivotal role in fostering an equitable distribution of the increasing agricultural income. It must be used to create productive employment for absorbing the growing numbers of underemployed in the agricultural sectors.

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CBSE > Class 12 > Economics