Large and medium farmers sell surplus farm products from a part of their produce. A part of the earnings is saved and kept for buying capital for the next season. A few of them give away the savings to small farmers and loans at high-interest rates and get back the amount by the next season. Thus, they are able to arrange for the capital for farming from their own savings. Some farmers might also use the savings to buy cattle, trucks, or to set up shops.
Answered by Vishal kumar | 1 year agoWhat can be done so that more non-farm production activities can be started in villages?
What are the non-farm production activities taking place in your region? Make a short list.
Talk to some old residents in your region and write a short report on the changes in irrigation and changes in production methods during the last 30 years.
On what terms did Savita get a loan from Tejpal Singh? Would Savita’s condition be different if she could get a loan from the bank at a low rate of interest?
Describe the work of a farmer with 1 hectare of land.