Explain the role of micro-credit in meeting credit requirements of the poor.
SHGs (Self-Help Groups) and micro credit programmes promote thrift in small proportions by a minimum contribution from each member. From the pooled money, credit needs are fulfilled. The member have to repay the credit in small instalments at low rate of interest. The borrowings are mainly for consumption purposes.
What are the alternative channels available for agricultural marketing? Give some examples.
Critically evaluate the role of the rural banking system in the process of rural development in India.
Information technology plays a very significant role in achieving sustainable development and food security’”comment.
Bring out the importance of animal husbandry, fisheries and horticulture as a source of diversification.