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Home/Practice questions/Economics
EconomicsIndian Economic Development: Rural Development

Credit facilities need to be increased for fisherwomen to meet their…

Credit facilities need to be increased for fisherwomen to meet their working capital requirements for marketing. Through which of the following can this be done?

Answer & explanation+

Correct answer: option 3

The correct answer is Option (3) → Both (1) and (2)

Women do much of the fish marketing work. To meet their working capital needs, credit must be raised through cooperatives and SHGs.

NCERT (2026-27): “5.5 Diversification into Productive Activities … Even though women are not involved in active fishing, about 60 per cent of the workforce in export marketing and 40 per cent in internal marketing are women. There is a need to increase credit facilities through cooperatives and SHGs for fisherwomen to meet the working capital requirements for marketing.”

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