5.3.1 Definition and Importance of Rural Credit Rural credit refers to financial support provided to farming families. Farmers require funds for various purposes such as acquiring land, purchasing tools, fertilizers, seeds, and addressing personal needs like marriages and ceremonies. Due to the extended period between crop sowing and income realization, farmers often need credit. The […]
5.1 INTRODUCTION — SIGNIFICANCE OF RURAL DEVELOPMENT Mahatma Gandhi once emphasized that India’s true progress does not solely rely on the growth of industrial urban centers but primarily hinges on the development of its villages. This perspective, highlighting the centrality of village development in the nation’s overall progress, remains pertinent today. Rural development holds immense
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