Question

Why should bank want farmers a higher income

Answer 1

Answer:

The banking system seems to be designed in favour of the rich who benefit at the ... crop production, which directly contributes to an increase in his income.

Answer 2

ᴀɴᴜᴊ, ɪ ʙᴇʟɪᴇᴠᴇ ɪᴛ sʜᴏᴜʟᴅ ɴᴏᴛ ʙᴇ ɪɴᴛᴇʀᴘʀᴇᴛᴇᴅ ɪɴ ᴛʜɪs ᴍᴀɴɴᴇʀ ᴛʜᴀᴛ ʙᴀɴᴋs ᴡᴀɴᴛ ғᴀʀᴍᴇʀs ᴛᴏ ʜᴀᴠᴇ ᴀ ʜɪɢʜ ɪɴᴄᴏᴍᴇ. ɪɴsᴛᴇᴀᴅ, ʙᴀɴᴋs ᴡᴀɴᴛ ʜᴏᴡ ᴄᴀɴ ʙᴇ ᴛʜᴇ ғᴀʀᴍᴇʀs ᴀʀᴇ ᴀssᴜʀᴇᴅ ᴏғ ᴀ sᴛᴀʙʟᴇ ᴀɴᴅ ᴄᴏɴsɪsᴛᴇɴᴛ ɪɴᴄᴏᴍᴇ. ᴛʜᴀᴛ ɪs, ᴡʜᴀᴛ ᴄᴀɴ ʙᴇ ᴅᴏɴᴇ sᴏ ᴛʜᴀᴛ ᴛʜᴇʏ ɴᴇᴇᴅ ɴᴏᴛ ᴛᴏ ғᴀᴄᴇ ᴀɴʏ ғɪɴᴀɴᴄɪᴀʟ ᴄʀɪsᴇs ᴀɴᴅ sʜᴏʀᴛᴀɢᴇ ᴏғ ғᴜɴᴅs. sɪɴᴄᴇ, ɪɴ sᴜᴄʜ ᴀ sᴄᴇɴᴀʀɪᴏ ᴏғ ғɪɴᴀɴᴄɪᴀʟ ᴄʀɪsᴇs, ᴛʜᴇʏ ᴡɪʟʟ ᴏʀ ɴᴇᴇᴅ ᴛᴏ ʀᴇsᴏʀᴛ ᴛᴏ ᴍᴏɴᴇʏʟᴇɴᴅᴇʀs ғᴏʀ ʙᴏʀʀᴏᴡɪɴɢs (ɪɴ ᴏʀᴅᴇʀ ᴛᴏ ᴄᴀʀʀʏ ᴏᴜᴛ ғᴀʀᴍɪɴɢ ᴀᴄᴛɪᴠɪᴛɪᴇs ᴀɴᴅ ғᴀᴍɪʟʏ ᴏʙʟɪɢᴀᴛɪᴏɴs). ɴᴏᴡ, ᴡᴇ ᴋɴᴏᴡ ᴛʜᴇ ɴᴇɢᴀᴛɪᴠᴇ ɪᴍᴘᴀᴄᴛs ᴏғ ɪɴғᴏʀᴍᴀʟ ᴄʀᴇᴅɪᴛ sᴏᴜʀᴄᴇs, ɪɴ ᴛᴇʀᴍs ᴏғ ʜɪɢʜ ɪɴᴛᴇʀᴇsᴛ ʀᴀᴛᴇs, ɴᴏ ᴘᴀᴘᴇʀ ᴡᴏʀᴋ, ɪɴᴄᴏʀʀᴇᴄᴛ ᴀᴄᴄᴏᴜɴᴛ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ʙʏ ᴛʜᴇ ᴍᴏɴᴇʏʟᴇɴᴅᴇʀs, ᴡʜɪᴄʜ ᴡɪʟʟ ғɪɴᴀʟʟʏ ᴍᴀᴋᴇ ᴛʜᴇ ғᴀʀᴍᴇʀs ᴅᴇᴘʀɪᴠᴇᴅ ᴏғ ᴛʜᴇ ʟᴀɴᴅ (ᴀɴᴅ ᴛʜᴇʏ ᴡɪʟʟ ʙᴇᴄᴏᴍᴇ ʟᴀɴᴅʟᴇss).

ᴛʜᴜs, ɪɴ ᴏʀᴅᴇʀ ᴛᴏ ᴛʜᴇ ᴇɴsᴜʀᴇ ᴛʜᴀᴛ ғᴀʀᴍᴇʀs ᴅᴏɴ'ᴛ ғᴀʟʟ ɪɴ ᴅᴇʙᴛ ᴛʀᴀᴘ sɪᴛᴜᴀᴛɪᴏɴ, sᴏ ʙᴀɴᴋs ᴅᴏ ᴛᴀᴋᴇ ᴀ ʟᴏᴛ ᴏғ ɪɴɪᴛɪᴀᴛɪᴠᴇs ᴀɴᴅ ᴜɴᴅᴇʀᴛᴀᴋᴇ ɴᴜᴍᴇʀᴏᴜs ᴘʀᴏɢʀᴀᴍᴍᴇs.