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Question

Which among the following are the reason(s) for the prevalence of poverty in the agricultural sector in India?

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Solution

The farmers in the agricultural sector in India are heavily dependent on rainfall to irrigate their crops. They lack proper irrigation methods. Also, the farmers rely on moneylenders to avail credit, to purchase the implements required for farming. The uncertain climatic conditions imply that in certain situations, the farmers find it difficult to repay their loans. Thus, they are always indebted to moneylenders and remain in the vicious cycle of poverty.

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