How do farmers use their earning which they get by selling the surplus produce in the market?
Answers
Medium and large farmers retain a part of their produce and sell the surplus in the market. This provides them with the required capital for farming. Most of them even use these earnings to provide loans to small farmers. By charging high rates of interest on these loans, they succeed in furthering their earnings.
Even in rural areas,farmers do by provisions and other daily essentials from shops in the villages which sale house hold goods including fmcg range of products.The income generated by farmers by selling surplus agricultural produce goes towards meeting household goods case of rich farmers the surplus generated is used for white goods as well as agricultural equipments and accessories.Surplus generated is also used for children’s education,health products, and repair and construction of houses as well as acquiring more lands for cultivation.
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# Miss Khan
Answer