Table of Contents
- 1 What should be provided to the farmers to reduce the debt burden?
- 2 What is the importance of agriculture credit in India?
- 3 How do you think the conditions of farmers can be improved?
- 4 What is the importance of agriculture credit?
- 5 Why is credit important to agriculture?
- 6 How can we improve farming conditions in India?
- 7 What is a multi-party system in India?
What should be provided to the farmers to reduce the debt burden?
Reserve Bank of India (RBI) has issued directions for Relief Measures to be provided by respective lending institutions in areas affected by natural calamities which, inter alia, include, restructuring/rescheduling of existing crop loans and term loans, extending fresh loans, relaxed security and margin norms.
What is the importance of agriculture credit in India?
The basic role of credit in Agriculture is to provide capital to acquire any kind of productive assets, land and/or machinery. Credit provides the means for many farmers to adjust their operations to keep up with the constant changes and, by doing so, to improve their operations.
How do you think the conditions of farmers can be improved?
Farmers can be taught of drip irrigation.It ‘s a method of watering plants with the help of tubes at the roots of the plants rather than to water the whole plant. This will help in saving more water and a good profit.
What is loan waiver in India?
A loan waive-off is a benefit offered to borrowers by the government where the borrower is no longer under the burden of paying back the loan amount to the lender as a result of a genuine change in their financial circumstances. Examples of loan waivers are the Agricultural Debt Waiver and Debt Relief Scheme in India.
What is considered to be the nature of Indian agriculture?
Most parts of India have subsistence agriculture. The farmer owns a small piece of land, grows crops with the help of his family members and consumes almost the entire farm produce with little surplus to sell in the market.
What is the importance of agriculture credit?
Credit is vital to agricultural businesses because it gives farmers access to capital that might not otherwise be available to them. It helps them secure the seeds, equipment, and land they need to operate a successful farm.
Why is credit important to agriculture?
Credit is crucial in the agricultural sector to enhance the productivity of crops and animals used as food for human beings (Akmal et al. 2012). Farmers usually obtain low crop production due to lack of capital, and credit is an capital alternative to enhance productivity in developing countries (Akmal et al.
How can we improve farming conditions in India?
Five ways to reduce farm distress in India
- Increasing incomes. Agricultural transformation is very slow in India.
- Generating employment opportunities.
- Reducing risks in agriculture.
- Developing agri-infrastructure.
- Improving quality of rural life.
Why is India’s political system so fragmented?
It wouldn’t be an overstatement to say that politics in India is dictated by regional parties. These smaller parties hold considerable clout in individual states, leading to a highly fragmented vote distribution. As a result, political alliances and surprise moves are a common spectacle, as governments are formed and dissolved unanticipated.
What is the status of a party in India?
The status of party is accorded by the Election Commission of India, and the same is reviewed occasionally. All parties are registered with the Election Commission. A special and unique election symbol is given to every registered party by the Election Commission.
What is a multi-party system in India?
India has a multi-party system with recognition accorded to national, state and district level parties. The status is reviewed periodically by the Election Commission of India (ECI). Other political parties that wish to contest local, state or national elections are required to be registered by the Election Commission of India.