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Analyse the causes for Rural Indebtedness? |
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Answer» The Causes for Rural Indebtedness: (I) Poverty of Farmers:
(II) Failure of Monsoon:
(III) Litigation:
(IV) Money Lenders and High Rate of Interest: The rate of interest charged by the local money lenders is very high and the compounding of interest leads to perpetuate indebtedness of the farmer |
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