CBSE
Class 10
Class 12
Farming is the main production activity in Palampur.
75 percent of the people who are working are dependent on farming for their livelihood.
Not all the people engaged in agriculture have sufficient land for cultivation.
Farmers have produced wheat on their lands using the three factors of production.
The modern farming methods require a great deal of capital.
Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation. The rate of interest on such loans is very high.
The medium and large farmers have their own savings from farming.
Farming requires a great deal of hard work.