Trace the sources from whom loans are obtained by landless labourers. What are the conditions they agree in order to obtain loans? Do you think this is a fair practice? Why?........
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Answers
Explanation:
practices while giving loans and recovering them. ... intermediaries who provide loan funds to agriculture and the financial ... In order to provide sufficient credit to the farmers, many.
Explanation:
Most of the loans by landless labourers are obtained from moneylenders in their villages who are available nearest and at any time. Intermediaries are the sources for obtaining loans.
Conditions like ... any family functions , celebrations , marriages , etc activities by which there is no return income can cause to obtaining loans.
Ofcourse this is not a fair practice... whenever the villagers obtain loans there is a great chance for the lender to make a high rate of interest .. so that the loan taker will be under debts throughout his life and also ancestral to his family.
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