What r the reasons for demad for credit? How does it leads the farmers into debt trap?
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Answer:
Hello mate.
Explanation:
The loans are being raised to get land on lease, to pay the previous debt, to buy tractors, to solemnize marriages, to send their sons and daughters to foreign countries or to buy medicines. One of the biggest reasons why Punjab's farmers became paupers is that there are no takers for surplus wheat and rice now.
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