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Indebtedness among Farmers and Agricultural Labourers in Rural Punjab -Gian Singh, Anupama, Gurinder Kaur, Rupinder Kaur & Sukhvir Kaur

-Economic and Political Weekly

Gian Singh (giansingh88@yahoo.com), Anupama (anupamauppal@yahoo. com) and Rupinder Kaur (rupinderkaur0076@gmail.com) teach economics at Punjabi University, Patiala; Gurinder Kaur (gurinder2005@yahoo.co.in) and Sukhvir Kaur (drsukhvir.sk@gmail.com) teach economics at Dashmesh Khalsa College, Zirakpur.

The paper examines various hitherto unexplored aspects of indebtedness among farmers and agricultural labour households in rural Punjab. It analyses the extent and distribution of indebtedness among farmers and agricultural labourers, their sources of debt and the per household debt incurred for various purposes. The paper also compares and contrasts variations in the rate of interest paid by different categories of farmers and agricultural labourers.

This research paper is based on a field survey conducted for the research project “Indebtedness among Farmers and Agricultural Labourers in Rural Punjab,” sponsored by the Indian Council of Social Science Research, New Delhi.

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