on what terms small farmers get a loan from big farmers but the condition be different if small farmers get the loan on the rate of interest ??????.... pls answer this fast
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Answered by
9
hi there,
small farmers had to take from big farmers at the rate of high interest sometime big farmers also forced small farmers to sell his all crops after harvesting at his own desire price,small farmers were explited by the big farmers and if small farmers failed to pay the interest at regualar time then they fall in the dept of tax which resulted some farmers commit sucides.
prevention from exploitation:
A village should form a co operation bank through which farmers can take loan as their requirement..
thank you
small farmers had to take from big farmers at the rate of high interest sometime big farmers also forced small farmers to sell his all crops after harvesting at his own desire price,small farmers were explited by the big farmers and if small farmers failed to pay the interest at regualar time then they fall in the dept of tax which resulted some farmers commit sucides.
prevention from exploitation:
A village should form a co operation bank through which farmers can take loan as their requirement..
thank you
Avanish010:
pls mrk as brainliest
Answered by
7
small farmers get loans from big farmers on the following conditions-:
1) they keep the papers of their small lands with the big farmers
2) they promise they will work in big farmers field during harvest season
3) interest rate are very high
yes, absolutely the conditions would be different if small farmers could get loans from bank as they would only work on their land. pressure would be less on them as the rate of interest would be low.
1) they keep the papers of their small lands with the big farmers
2) they promise they will work in big farmers field during harvest season
3) interest rate are very high
yes, absolutely the conditions would be different if small farmers could get loans from bank as they would only work on their land. pressure would be less on them as the rate of interest would be low.
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