A 42-year-old debt-ridden farmer allegedly committed suicide in Ludhiana's Punjab.
The farmer named Jaspal Singh was under heavy debts of Rs 20 lakhs, which drove him to take the drastic step.
India is an agrarian country where 70 percent of its people are dependent on agriculture. Farmer suicides in such a scenario are even more worrisome.
In 2014, the National Crime Records Bureau of India reported 5,650 farmer suicides. The highest number of farmer suicides was recorded in 2004.
The farmer suicide rate in India has ranged between 1.4 and 1.8 per 100,000 total population, over a 10-year period through 2005.
Last year, the country saw farmer suicides mostly in Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, Madhya Pradesh, Bihar, Uttar Pradesh, Chhattisgarh, Orissa and Jharkhand.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
