In India a government job is very lucrative, because they get a fixed income every month from the state, with the additional bonus that they can demand and get bribes, waste indian tax payer money without being questioned and do not have to work very hard. For private sector, a business should make a profit and the employee should work hard, else they will lose their job.
The media/business paper Economic Times reported that in Karnataka, most of the loans to villagers are given by government employees like teachers as other professionals, small business owners and farmers find it difficult to make their ends meet, as they made losses. The government employees charge interest of 24% to upto 100% depending on the person they are lending to. The survey was conducted across many villages, yet the government employees remained anonymous and could not be identified.
This amount is higher than the 16% specified by the Karnataka Money lenders act.
Many farmers and poor people unable to repay the debt or loans they have taken, have died