Agricultural Debt Relief

Agricultural debt relief involves programs or policies that help farmers reduce or eliminate their outstanding loans and financial obligations. The goal is to ease financial burdens caused by fluctuating crop prices, poor weather, or other economic challenges. This support can take various forms, such as loan forgiveness, interest rate reductions, or giving additional time to repay. By providing debt relief, farmers can avoid bankruptcy, stabilize their finances, and continue productive farming, ultimately helping to sustain local food supply and rural economies.