(a)

State any two advantages of micro-credit system in rural areas of India.

(b)

“In the current situation, Information Technology plays a vital role in achieving food security in a nation like India.”

(b)

Justify the given statement.

Two advantages of micro-credit system of financing in rural areas of India are:

In India, Information Technology (IT) plays a crucial role as government can predict areas of food insecurity and vulnerability using appropriate information and software tools. It helps in disseminating information regarding emerging technologies and their applications, prices, weather and soil conditions for growing different crops etc. Hence, IT plays a vital role in achieving sustainable development and food security in a nation like India.