“Cheap and affordable credit is crucial for the country’s development.” -SST 10th

1 Answer

Answer :

Cheap and affordable credit is crucial: . Many people want to start an enterprise by borrowing may not do because of high cost of borrowing. . Banks and cooperative societies need to lend more. . This would lead to higher income and many people could then borrow cheaply for a variety of needs. . They could grow crops, do business or set up small scale industries.

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