âAn Indian peasant is born in debt, lives in debt, and dies in debt.â In this context, explain the problems faced by the rural population in getting loans from institutional and non-institutional sources in Andhra Pradesh and how they get into a debt trap and poverty.
The Debt Trap of Andhra Pradesh’s Rural Population: A Multifaceted Problem Introduction: The statement “An Indian peasant is born in debt, lives in debt, and dies in debt” starkly highlights the pervasive issue of rural indebtedness in India. While this statement is a generalization, it reflects a harsh reality faced by a significant portion of … Read more