How do the medium and large farmers obtain capital for farming? How is it different from the small farmers?
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The capital requirements of medium and large farmers is met out of surplus earning generated by them in the farm activity . They are influential and financially sound. So,it is easy for them to obtain loan from cooperative and rural development banks.Members of their families working in cities also extend financial support .
The poor farmers depend upon loans from big farmers and money-lenders at higher rate of interest and get trapped in the vicious clutches of debt and poverty.
The poor farmers depend upon loans from big farmers and money-lenders at higher rate of interest and get trapped in the vicious clutches of debt and poverty.
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