-The Hindu Six cases of farmers’ suicides were reported in the State in the last 24 hours. KALABURAGI/MANDYA/TUMAKURU/HASSAN (Karnataka): Annappa Salagar (55) of Ainapur village at Chincholi taluk in Kalaburagi district allegedly committed suicide by consuming pesticide after he was depressed with the withering red gram crop in his 15 acres farm. Annappa had availed himself a loan of Rs. 50,000 from the cooperative society and Rs. 3 lakh from moneylenders. Another debt-ridden farmer,...
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Karnataka farmer suicide rate hits highest in a decade -Nidheesh MK
-Livemint.com A total of 158 farmers killed themselves in July in the state, bringing this year’s toll of farmer suicides to 197, the most since 2003 Bengaluru: The farmer suicide rate in Karnataka has hit the highest level in a decade, highlighting agrarian distress in the state. A total of 158 farmers killed themselves in July alone in the state, government data showed, bringing this year’s toll of farmer suicides to 197,...
More »Funds for short-term crop loans cut, 10.5 lakh farmers to be hit -Sarbjit Dhaliwal
-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »Properly used, Jan Dhan Yojna could lessen farmers' suicides
-Hindustan Times For a country that is set to be ranked among the world’s top five economies over the next decade, India cannot afford to be counted as a home for impoverished farmers who are ending their lives because they do not have the money to return loans as small as Rs 10,000. According to the National Crime Records Bureau (NCRB) data, 5,650 farmers committed suicide in India last year. Bankruptcy and...
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