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Topic : Banks need to aggressively step up lending to farmers to prevent suicide
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Posted by :     ww_feedback ( 11:10:2004 09:27 )     | Post a reply to this message Tree view  |  Message No. : 18176  
Banks need to aggressively step up lending to farmers to prevent suicide
Many farmers commit suicide in the country especially in Andhra Pradesh when are they are unable to repay their debt to moneylenders. After taking loans at very high interest rates, most farmers find it difficult to repay the huge interests, forget the principal. Given this scenario, banks need to aggressively step up lending to farmers at reasonable interest rates after assessing the creditworthiness of the farmer. Only, this measure can save the farmer from the clutches of moneylenders.
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