How do the Indian farmers arrange for capital?
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Ans- i) Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village money lenders or the traders who supply various inputs for cultivation. ii) The rate of interest on such loan is very high. They are put to great distress to repay the loan.
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Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village money lenders or the traders who supply various inputs for cultivation. ii) The rate of interest on such loan is very high. They are put to great distress to repay the loan.
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