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Question
What do you think the government can do to help farmers like Sekar when they get into debt? Discuss.
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Solution
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.
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