Meaning of Bonded Debt
Bonded Debt
Language - English
Telugu Word - కొత్తటిమైక్ కటన్
A debt incurred by a person who is forced to work for a creditor until the debt is repaid. (e.g., Bonded labor is illegal in India, but it still persists in some areas.) Although bonded labor is prohibited in India, it's crucial to be aware of its historical context in Telangana. In the past, bonded debt might have been used to exploit laborers in agriculture or other sectors, potentially impacting land ownership and labor practices.
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