LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA
The study has been conducted to measure the extent and burden of debt on farmers. The study has been conducted to measure the extent and burden of debt on farmers. The study revealed that an average amount of debt per sampled farmer, per owned acre and per operated acre is rupees 491975, 70838 and 6...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Brawijaya
2022-07-01
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| Series: | AGRISE |
| Subjects: | |
| Online Access: | https://agrise.ub.ac.id/index.php/agrise/article/view/942 |
| _version_ | 1811313263431909376 |
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| author | Babloo Jakhar Rohtas Kait Vijay Kumar |
| author_facet | Babloo Jakhar Rohtas Kait Vijay Kumar |
| author_sort | Babloo Jakhar |
| collection | DOAJ |
| description | The study has been conducted to measure the extent and burden of debt on farmers. The study has been conducted to measure the extent and burden of debt on farmers. The study revealed that an average amount of debt per sampled farmer, per owned acre and per operated acre is rupees 491975, 70838 and 62775 respectively. The real burden of debt is very high. Institutional as well as non-institutional sources played main role in loan disbursement to farmers. One third amount of loan is still being taken for non-productive purposes. Conclusions: Farmers are trapped under debt. They are not in situation to rid of from indebtedness. Because, small size of land holding by ownership, non-productive loans and high rate of interests charged by non-institutional sources are the main causes of their indebtedness. |
| first_indexed | 2024-04-13T10:51:43Z |
| format | Article |
| id | doaj.art-eab494441c5449cd8160ad3b305cefd9 |
| institution | Directory Open Access Journal |
| issn | 1412-1425 2252-6757 |
| language | English |
| last_indexed | 2024-04-13T10:51:43Z |
| publishDate | 2022-07-01 |
| publisher | University of Brawijaya |
| record_format | Article |
| series | AGRISE |
| spelling | doaj.art-eab494441c5449cd8160ad3b305cefd92022-12-22T02:49:39ZengUniversity of BrawijayaAGRISE1412-14252252-67572022-07-0122318119110.21776/ub.agrise.2022.022.3.4349LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIABabloo Jakhar0Rohtas Kait1Vijay Kumar2Department of Economics, Chaudhary Devi Lal University, Sirsa, HaryanaChaudhary Devi Lal University, Sirsa, HaryanaDepartment of Economics, Chaudhary Ranbir Singh University, Jind, Haryana, India.The study has been conducted to measure the extent and burden of debt on farmers. The study has been conducted to measure the extent and burden of debt on farmers. The study revealed that an average amount of debt per sampled farmer, per owned acre and per operated acre is rupees 491975, 70838 and 62775 respectively. The real burden of debt is very high. Institutional as well as non-institutional sources played main role in loan disbursement to farmers. One third amount of loan is still being taken for non-productive purposes. Conclusions: Farmers are trapped under debt. They are not in situation to rid of from indebtedness. Because, small size of land holding by ownership, non-productive loans and high rate of interests charged by non-institutional sources are the main causes of their indebtedness.https://agrise.ub.ac.id/index.php/agrise/article/view/942indebtednessdebtloanfarmersbanks and agrarian distress |
| spellingShingle | Babloo Jakhar Rohtas Kait Vijay Kumar LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA AGRISE indebtedness debt loan farmers banks and agrarian distress |
| title | LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA |
| title_full | LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA |
| title_fullStr | LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA |
| title_full_unstemmed | LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA |
| title_short | LIVES IN DEBT AND DISTRESS: A CASE STUDY ON INDEBTEDNESS OF FARMERS IN THE DRY ZONE OF HARYANA STATE, INDIA |
| title_sort | lives in debt and distress a case study on indebtedness of farmers in the dry zone of haryana state india |
| topic | indebtedness debt loan farmers banks and agrarian distress |
| url | https://agrise.ub.ac.id/index.php/agrise/article/view/942 |
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