Why are farmers under debt in Punjab?
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Farmers in Punjab are under huge pressure of debts because:
Explanation:
- They mortgage their lands, jewelry and other assets to get loan for tube well, tractors or other things to grow crops.
- Crops often get destroyed due to weather and other reasons.
- They fail to pay their loans back to bank and lose assets.
- The crops can't even fulfill their basic needs.
- Their debts have made many farmers to commit suicide.
Learn more about debts here:
What caused rural people to get mired in debts...
https://brainly.in/question/3479433
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Answer:
The answers are down↓↓
Explanation:
They mortgage their lands, jewelry and other assets to get loan for tube well, tractors or other things to grow crops.
Crops often get destroyed due to weather and other reasons.
They fail to pay their loans back to bank and lose assets.
The crops can't even fulfill their basic needs.
Their debts have made many farmers to commit suicide.
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