ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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New Strategy for Rural Development

New Strategy for Rural Development THE Reserve Bank of India issued new guidelines to the chairmen of all nationalised banks in March 1988 in regard to bank lending in rural areas (see Reserve Bank of India Bulletin, March 1988). These new guidelines are extremely important, and could have a far-reaching impact not only on rural development generally but also on the pattern of rural development, depending on the manner of implementation of these guidelines.

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