An Economic Analysis of Plight of Farmers Suicide in India

International Journal of Economics and Management Studies

© 2018 by SSRG - IJEMS Journal

Volume 5 Issue 1

Year of Publication : 2018

Authors : Megha Thakur

10.14445/23939125/IJEMS-V5I1P103

How to Cite?

Megha Thakur, "An Economic Analysis of Plight of Farmers Suicide in India," SSRG International Journal of Economics and Management Studies, vol. 5,  no. 1, pp. 1-5, 2018. Crossref, https://doi.org/10.14445/23939125/IJEMS-V5I1P103

Abstract:

India is an agrarian country with around 60% of its population depends directly or indirectly upon agriculture. Farmer suicides account for 11.2% of all the suicides in India. Farmer suicide in India is the intentional ending of one's life by a person dependent on farming as their primary source of livelihood. There are number of reasons for farmer suicides, such as monsoon failure, high debt burdens, genetically modified crops, government policies, public mental health, personal issues and family problems. There is also accusation of states fudging the data on farmer suicides. In 2012, the National Crime Records Bureau of India reported 13,754 farmer suicides. The highest number of farmer suicides was recorded in 2004 when 18.241 farmers committed suicide. In this context, the actual problems being faced are to be understood and analysed. Innovative remedies have to be thought of which are to be implemented with sincerity by the Government and the implementing agencies, along with putting in place ways to rehabilitate the affected farmers. An attempt has been made in this article to address the issue of farmers plight leading to suicide and measures to address the issue have been suggested.

Keywords:

 Farmer suicides, National Crime Records Bureau of India, High debt burdens, monsoon failures.

References:

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