NCERT Solution: The Story of Village Palampur
1. Rabi crops are grown in the winter season.
2. These crops are sown in the month of October and November.
3. These crops are harvested in the months of March and April.
4. Wheat, mustard, peas are the main crops of this season.
1. Kharif crops are grown in the rainy season.
2. These crops are sown in the month of June and July.
3. These crops are harvested in the months of September and October.
4. Jowar, Bajra and Paddy are the main crops of this season
1. Tool and machines, building range from very simple tools such as a farmers’ plough to sophisticated machines generator, turbines, computers etc. Tools, machines. Building can be used in production over many years. These are called fixed capital.
2. Production requires a variety of raw materials such as yarn, used by the weavers and clay used by the potter. Also some money is always required during production to make payments and buy other necessary items. Raw material and money in hand are called working capital.
1. Most small farmers have to borrow money to arrange for their capital.
2. They borrow from large farmers or the money lenders or the traders who supply various inputs for cultivation.
3. These traders and money lenders charge very high interest rate.
4. The small farmers are put to great distress to repay the loan. E. Sometimes they caught in debt-trap.
1. Human capital is considered to be the best.
2. This is because man has knowledge and ability to put together land, labour and physical capital.
3. And produce an output either to use self or to sell in the market.
4. Human capital is the stock of skill and productive knowledge embodied in them.
1. Working capital means raw material and money in hand for making payments and buying necessary items for production.
2. For production machinery HYV seeds, chemical fertilizers, insecticides and pesticides are required to increase the production.
3. All these inputs are working capital
1. In Palampur, about 1/3 of 450 families are land less.
2. 240 families cultivate small plots of land less than 2 hectares in size.
3. 60 families of medium and large farmers cultivate land of more than 2 hectares in size.
4. A few of the large farmers have land extending over 10 hectares or more.
5. On the other hand, more than half the area of the village is covered by plots that are quite large in size
1. Modern farming methods need tractors, harvesting machines and other mechanical tools. To purchase them huge amount of money is required.
2. Modern farming methods need HYV seeds to increase the production. To purchase them huge amount of money is required.
3. The price of chemicals and expenditures are very high.
4. Installing tub wells to irrigate fields is a very costly process.
5. Modern farming also needs skilled workers. To hire the skilled workers, huge amount of capital is required to make their payments.