Paragraph on Marginal farmers
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Answer:
'Marginal Farmer' means a farmer cultivating (as owner or tenant or share cropper) agricultural land up to 1 hectare (2.5 acres). ' Small Farmer' means a farmer cultivating (as owner or tenant or share cropper) agricultural land of more than 1 hectare. Small and marginal farmers are those with less than 2 hectares of farmland. They constitute about 86.2% of the total farmers in the country. Small and marginal farmers with less than two hectares of land account for 86.2% of all farmers in India, but own just 47.3% of the crop area, according to provisional numbers from the 10th agriculture census 2015-16 released on Monday.
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Small and the marginal farmers often take loans from organised or unorganised sector to meet their requirements for agriculture. The farmers are able to pay off their debts in case of a good harvest. However, in case of crop failure due to any reason, these farmers are often unable to pay off their debts. In such case, the central or the state government may announce a reduction or complete waiver of the loans of the farmers. The simplest way to understand this is that the farm loans will be transferred from the assets side of banks’ balance sheets to the liabilities side of government’s books as part of the waivers. One of the earliest instances of farm loan waiver was the Agricultural Debt Waiver and Debt Relief Scheme