What do
you think the government can do to help farmers like Sekar when they
get into debt? Discuss
What do you think the government can do to help farmers like Sekar when they get into debt? Discuss
A
two-lined approach to this problem is needed
to help small farmers like Sekar who are in debt. On the one hand,
these farmers need to have access to debts on simple terms, and on
the other hand, they need to be assured of regular work so that they
have the means to repay the debts. The government can help refinance
their loans by providing them with fresh loans on easy interest
rates. Simultaneous with this, the government should also set up some
sort of employment guarantee scheme, whereby the debt-ridden farmers
would have the guarantee of a definite source of income, and can work
to repay their loans. Along with providing monetary assistance, the
government should also guide small farmers on ways to increase the
yields from their lands.
A two-lined approach to this problem is needed to help small farmers like Sekar who are in debt. On the one hand, these farmers need to have access to debts on simple terms, and on the other hand, they need to be assured of regular work so that they have the means to repay the debts. The government can help refinance their loans by providing them with fresh loans on easy interest rates. Simultaneous with this, the government should also set up some sort of employment guarantee scheme, whereby the debt-ridden farmers would have the guarantee of a definite source of income, and can work to repay their loans. Along with providing monetary assistance, the government should also guide small farmers on ways to increase the yields from their lands.
