A inorder to improve credit situation in india , it is important toprovide cheap loans and credit schemes must expand in rural households.
b to set up more banks in rural remote areas , making people aware about SHG's.these sources must extend their helping hand should reach out to all others
c provide loans with reasonable rates of interest , generating greater awarness among the people about formal sources so as to reduce their dependence on informal sector
d it will also prevent people from getting exploited after borrowing from informal sources.
e to serve as building blocks for rural households
f this will help people to start up small buisnessess and trades
g it can also help farmers expand their cultivation
h people can also setup small scale industries
i it can certainly be an engine of growth