Question

· Due to natural calamities, the farmer
could not repay the loan. He has no
other way to repay the loan. How to
collect loan from the farmer?​

Answer 1

Answer:

Hey dear May be it will help you

thank you

Answer 2

Answer:

Farm loans are loans taken from the banks by the farmers for agriculture requisites and production. In a farm loan waiver scheme, the Centre or the state Government repays the loan to the banks on behalf of the farmers, simply by using public money collected in the form of taxes.

When there is a poor monsoon or natural calamity, farmers cannot repay their loans. Political party uses this problem during election time and promise loan waiver in their manifesto.

So, whenever there is lethal combination of Drought, farmer suicides and political uncertainty in India the topic of Farm loan waiver becomes the battlefield between oppositions as 60% of Indian population mostly bank on farming Income.

Explanation:

I hope this helps you