CMFRI, Library (2019) Loan sharks in hot pursuit of hapless fishermen in Kerala The New Indian Express dated 17th May 2019. The New Indian Express.
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Official URL: http://www.newindianexpress.com/states/kerala/2019...
Abstract
Fishermen in Kerala are exploited by middlemen, auctioneers and private money lenders who provide loans at exorbitant rates and stake claim on the fishers’ future catch, leaving a majority of the community impoverished, a survey by Central Marine Fisheries Research Institute (CMFRI) has found. Fishermen prefer borrowing from informal sources as the procedure is simpler than institutional sources. However, the interest rates go as high as 160 per cent, making it difficult for the fishers to escape from the debt trap, it said.
| Item Type: | Other |
|---|---|
| Uncontrolled Keywords: | Newspaper; News; CMFRI in Media |
| Subjects: | CMFRI News Clippings |
| Divisions: | Library and Documentation Centre |
| Depositing User: | Arun Surendran |
| Date Deposited: | 27 Jul 2019 08:50 |
| Last Modified: | 13 Aug 2019 08:06 |
| URI: | http://eprints.cmfri.org.in/id/eprint/13742 |
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