Identify and explain the concepts raoji purchased a new tractor for his new farm by taking loan
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The government has started a program of giving loans to small farmers
Explanation:
- These loan program aims at making the working condition better for the farmers
- Through this loans, farmers can buy tractors, machinery and other things necessary for good production
- Raoji has bought a new tractor under this program
- He will use the tractor to improve the quality of the soil
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Point out the reasons why small farmers do not take loan from the banks
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