Paper Title :Rising Cases of Farmer’s Suicide in Maharashtra – A Critical Review
Author :Anand Sagar
Article Citation :Anand Sagar ,
(2016 ) " Rising Cases of Farmer’s Suicide in Maharashtra – A Critical Review " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 177-179,
Volume-2,Issue-11, Special Issue-2
Abstract : Due to the lack of adequate disbursement of formal credit to the farmers, they are left on the mercy of the local
money lenders who charge exorbitant rate of interest i.e. upto 60% annually. The Marathwada region of Maharashtra is
worst affecte. More than fifty percent of the farmers’ suicides were driven by debt. Dams in Maharashtra were constructed
to serve the interest of sugar industry and not the farmers. On an average, eight farmers killed themselves every day in
Maharashtra in 2016 – Vidharbha recorded the highest number of suicides. However, less than half the cases qualified for
the government compensation as only in cases where the deceased farmers owned land and had proof of indebtedness
qualified for compensation.
Keywords- Inadequate formal finance, Farmer’s Suicide, Money Lenders, Exorbitant interest rates, debts, government
compensation.
Type : Research paper
Published : Volume-2,Issue-11, Special Issue-2
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-6393
View Here
Copyright: © Institute of Research and Journals
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Published on 2016-12-29 |
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