Rural indebtedness is having many evil consequences. It comes in the way of social change and progress. The nine major consequences of indebtedness are 1. Increase in Poverty 2. Slavery and Bonded Labour 3. Problem of Health 4. Loss of Social Prestige 5. Deterioration of Agriculture 6. Psychological Problems 7. Lowering of Economic Standard and… Continue reading 9 Major Consequences of Rural Indebtedness | Rural Sociology