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Agricultural Crisis and Farmers Suicides in India
Sai Sravanth K.R,
Published in Blue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESP
2019
Volume: 8
   
Issue: 11
Pages: 1576 - 1580
Abstract
Agricultural sector is the main income for the rural people in India. It plays a significant role in their life. In India, small and marginal farmers account for 70%, according to the 2011 census of the Government of India. These small and marginal farmers took credit from banks and private money lenders. The non-repayment of credit led to an agricultural crisis and farmers’ suicide. This study focused on the reasons that caused such a disaster. The study rests on a review of the literature which was extracted from journals, reports, and newspapers from 2004 to 2019. The review identified the following reasons for the agricultural crisis and farmer’s suicides- poverty, indebtedness, crop failures, distress, lack of awareness on new technologies, inadequate debt, marketing of produce, the high interest of non-institutional credit, and depletion of water levels. The article concluded noting that -the government had to shift its focus from industries to agriculture and shift its agricultural policies from short-term to long- term ones.
About the journal
JournalInternational Journal of Innovative Technology and Exploring Engineering Regular Issue
PublisherBlue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESP
Open Access0