Question

what are the reasons for villagers falling into debt

Answer 1

Answer:

Poverty and lack of education. Unproductive & wasteful expenditures of the loans. Inherited debts. Waste of money on Litigations.

Answer 2

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according to me the reasons for villagers falling into debt are Poverty and lack of education. Unproductive & wasteful expenditures of the loans. Inherited debts. Waste of money on Litigations.

more information

Moreover, agriculture all along was and continues to be a gamble in monsoons. Thus, in case of crop failure, the farmer is forced to borrow and thus to run into debt and fall into a debt trap. ... Of course, some measures have been taken in recent years to provide institutional credit support to agriculture.