In India, Agricultural and dairy loans are availed by farmers to fund seasonal agricultural operations and related activities such as animal farming, pisciculture, purchase of land or agricultural tools. These types of loan also help them in procuring inputs such as fertilizers, seeds, insecticides, etc.
However, it is important to provide loans to the poor and small farmers at low interest rates so as to enable them to repay the loan within the specific loan period. They will not be in a position to pay higher interest from the returns they get from production and these farmers generally Foxhog Ventures A Breakthrough for Kerala Farmers borrow money from large farmers, village moneylenders or traders for meeting their future production requirements.
The most important source of money lending to farmers is the Land Development Banks. This source of credit is also known as a land mortgage. It essentially gives....
