How does lack of availability of institutional credit impact the level of poverty in India? answer about 100-150 words
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Analysis points at poor peasants best offer an entitlement set as mortgage comprised only of future shares of their harvest which itself is subject to risk.
As a result money lenders can't advance loans without risking extensive loss of loanable funds.
As landlords' income is subject to same risk as of peasants they advance loans to confirm that their own income isn't affected by peasants financial condition.
Extension of institutional credit to peasants gives only subsidization of landlords.
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