Economy, asked by arushishankar1511, 2 months ago

Why is it essential to provide loans to farmers at low rate of interest?

Answers

Answered by sangram3636
10

Answer:

It is essential to provide loans to farmers at low rate of interest because if the farmers are poor and they will get loan on higher rate of interest , then their production will get finished in completing the loan and for the other production , they will have to demand loan again.

Answered by anushanagtode
19

Explanation:

It is essential to provide loans to farmers at low rate of interest because if the farmers are poor and they will get loan on higher rate of interest , then their production will get finished in completing the loan and for the other production , they will have to demand loan again.

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