Poor house example sentences
In the previous section we have seen that poor households are still dependent on informal sources of credit.Although a large section of people suffer from food and nutrition insecurity in India, the worst affected groups are landless or land poor households in rural areas and people employed in ill paid occupations and casual labourers engaged in seasonal activities in the urban areas.The rich households are availing cheap credit from formal lenders whereas the poor households have to pay a heavy price for borrowing! What does all this suggest? First, the formal sector still meets only about half of the total credit needs of the rural people.You can see that 85 per cent of the loans taken by poor households in the urban areas are from informal sources.In addition, the prices have been under revision in favour of poor households in general.The poor households are more vulnerable to food insecurity whenever there is a problem of production or distribution of food crops.
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