We are talking about financial inclusion for a very long time without hving a Single example. Now, the clock turns out, india is also citing examples of finanacial inclusion, this scheme if properly implemented will emerge as a GO-GROWTH INDIA. Now, by these kind of schemes no other other VIDHARBA will be created in our country where farmer due to heavy debt committs suicide, which is such a loss of human capital. This scheme will make them self reliant and by loans they would be able to use new technology which will give a growth impetus to our agricultural sector. This scheme is such a boon for our rural india in terms of agricultural growth as well as for our urban india as this scheme could lead corruption to a minimal level by eradicating high cash supply in market and could make INDIA as cash free as DENMARK which has now 100% cash free market where debit card are the only way of buying and selling goods. Although, this scheme is full of advantages, but one cannot deny the fact that like most of the schemes in india this scheme could also be manipulated. Since, corruption is in the veins of our politicians, implementation of this scheme should be under eagles eye. Uneducated farmers need to be aware first about this scheme otherwise anyone would mould their mind and could use the benefits of scheme for himself/herself rather farmer per se.
Posted on: Fri, 29 Aug 2014 06:12:56 +0000
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