Question

What are the major economic problems faced by farmers?

Answer 1

1) Availability of low cost credit: The farmers may find it difficult to get loans for the short term needs for buying seeds and also for long term funding for various equipments, this can result in lower farm production.

2) Price volatility: This is a big concern because if the farmers do not get the fair price of their produce then it might result in financial distress for them.

3) Lack of stroage infrastructure: This is an issue as produce might get spoil during rainy and windy seasons

The above is answer..