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Sanket Sur 3 years, 2 months ago
Musicophile ❤️? 3 years, 2 months ago
Posted by Meghna Raj 3 years, 1 month ago
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Sia ? 3 years, 1 month ago
The only factor which can ensure higher productivity in agriculture in rural economy is Capital. It can grow only if it has an adequate flow of finance. Provision of rural credit enables a farmer to buy fertilisers, improved seeds of organic pesticides and equipment. All these inputs help him to increase his agricultural productivity and income. Credit is the lifeline of farming activity. Because:
- Most farming families in India are small and marginal holders, producing just enough for subsistence. They seldom generate surplus for further investment.
- Gestation period between sowing and harvesting is quite long. This necessitates borrowing for the purchase of inputs.
So, the importance of credit in rural development can be perceived as a means to break the vicious circle of low capital, low productivity and low savings of the rural poor.
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Musicophile ❤️? 3 years, 2 months ago
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Musicophile ❤️? 3 years, 2 months ago
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Sia ? 3 years, 1 month ago
Promoting privatisation is the objective of new economic policy. Privatization refers to giving greater role to private sector by reducing the role of public sector. It may also mean de-reservation of industries previously reserved for public sector.
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Musicophile ❤️? 3 years, 2 months ago
Sanket Sur 3 years, 2 months ago
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Ashish Singh 3 years, 1 month ago
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Sia ? 3 years, 1 month ago
Money proper is otherwise known as actual money. Money proper is the money which is in circulation in a country. It is the medium of exchange and means of payment. Rupee note and rupee coin are the actual money because transactions and payments are affected through them.
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Keshav Gupta 3 years, 1 month ago
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Lhakpa Choden 3 years ago
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Ashutosh Dubey 3 years, 3 months ago
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Sia ? 3 years, 1 month ago
The post office savings account is a deposit scheme provided by the post office throughout India. The account provides a fixed interest rate on the account balance. It is a beneficial scheme for individual investors who wish to earn a fixed rate of interest by investing a significant portion of their financial assets.
Posted by Ayushi Agnihotri 3 years, 3 months ago
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Ashutosh Dubey 3 years, 3 months ago
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