Inter-Locking of Indian Agricultural Market: Causes and Effects
Let us make an in-depth study of the causes and effects of the inter-locking of Indian agricultural market. Causes of Interlocking of Agricultural Markets: 1. Risk Reduction: Interlocking often acts as a security (hedge) against risk. For example, when a landowner makes loan to a tenant, (or a sharecropper), he faces very little risk of default. The reason is that, [...]