Social Sciences, asked by sragini2007, 4 months ago

Why most farmers are not able to pay loans?

Answers

Answered by XxitsmrseenuxX

Answer:

In a farm loan waiver scheme, the Centre or the state Government repays the loan to the banks on behalf of the farmers, simply by using public money collected in the form of taxes. When there is a poor monsoon or natural calamity, farmers cannot repay their loans.

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