describe term as landlords as lender of money
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Landlords or the lender of money were the people in villages of medival India who had a large amount of money as well as ( as the term describes landlord means one who is the lord or the owner of a large piece of land. ) they were also called as Zamindars. They lend loans at the higher rates of interest to the poor farmers.
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Accoring to the A. I. R.C.S. the landlords provide a little more than 3% of the agricultural finance. these figures are of 1951to 52 when the bulk of landlords where is still in India in 1962to 62 this share increased to 14.5% .through zamindari has been abolished and landlords are more officially, on the agricultural Scence, yet the share of loan form them remains around
10%
Explanation:
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