capital is a basic nedd in agriculture how it is arranged by Indian farmers? explain
Answers
Answer:
Money can be arranged by the farmers by the following ways. 1) The medium and large farmers have their own savings from farming business which they usually deposit in the banks. They use this surplus money whenever they are in need of it. 2) While most of the small farmers borrow money for their requirement of capital.
Answer:
Money can be arranged by the farmers by the following ways. 1) The medium and large farmers have their own savings from farming business which they usually deposit in the banks. They use this surplus money whenever they are in need of it. 2) While most of the small farmers borrow money for their requirement of capital.
It is managed by following ways: (i)Most of the farmers borrow money from the banks. (ii)Most of the small farmers borrow money from the moneylenders or traders to manage the capital. (iii)Medium and large farmers have their own savings from the farming.