Give an account of how moneylenders kept the small and marginal farmers in a debt-trap at the time of independence.
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At the time of independence it was the moneylenders and traders who exploited the small and marginal farmers who were landless labourers. They had to borrow for meeting their initial investment needs like buying seeds, implements, fertilisers and meeting other social expenditure, like on marriages, deaths and other social ceremonies.
Once the farmers fell into the crutches of these moneylenders, they continued to be exploited by way of paying high interest rates and manipulation of the accounts by the lenders. All this was done, in order to entangle them into a 'debt-trap'.
The inability of the farmers to pay back the loans taken added to their agony and frustration. So, they started taking the extreme step of committing suicides as they were victims of 'vicious circle of poverty.
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