story of village palampur
Storyboard Text
- Slide: 1
- hi dad how are you doing hope every thing is every thing on your side is fine mother miss you a lot.
- hi krista hope you are fine too did you know that i own a farm big farm land so i have to look after the farm. Plus there are many issues that i have to look after.
- Slide: 2
- you see to run a farm you need a lot of capital which is both:-[1] money and raw material this is the known as working capital and on the other hand you also need [2] machine to cultivate the produce this is known as physical capital. these two types are the capitals are needed. this is one factor to run a business. Farmers are struggling from debt poverty and distress due to low crop prices and high input cost and lack of access to mordern equipment, credit, insurance and social security
- what kind of issues are you facing anyways
- Slide: 3
- what are the solutions then
- they are as simple as the problems.
- 1. Capital Solutions: Farmers face financial challenges due to low crop prices and high input costs. To address this, affordable credit options should be made available through microfinance institutions and cooperative credit societies. Additionally, crop insurance can protect against yield losses, and minimum support prices (MSPs) ensure fair compensation. Efficient crop procurement by government agencies is essential.2. Government Interventions: Investing in rural infrastructure, promoting technology adoption, and addressing land fragmentation are crucial. Strengthening market linkages and providing social security programs can empower farmers. Collaboration between policymakers, financial institutions, and the farming community is key to implementing these solutions. 🌾🌱
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