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In credit policy of a developing country like India, the beneficiaries/receipients from whom the credit is meant,only few big farmers/industrialists avail the same due to stringent rules and regulations attached with it. The banks through whom the credits are supposed to be extended, are generally reluctant to help the poor beneficiaries to avail the benefits. Even they get a fraction of the government aids/grants due to red tapism,corruption embeeded with the existing system.

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