Debt-ridden farmer commits suicide in Nagpur district

Image
Press Trust of India Nagpur
Last Updated : Jan 22 2020 | 12:00 AM IST

A debt-ridden elderly farmer allegedly committed suicide at a village near here in Maharashtra on Tuesday, police said.

Arun Khushal Kanhonkar (65), a resident of Wakodi village under Saoner tehsil of Nagpur district, hanged himself from a ceiling hook with a rope at his residence, they said.

Kanhonkar, who was owner of seven acres of agriculture land, had borrowed a loan of Rs 1.70 lakh from a nationalised bank in Saoner tehsil in 2016-17, the police said.

Due to heavy losses in farming, he was unable to pay installments of the loan, they said.

He had even mortgaged the family's jewellery with a local moneylender to pay loan installments, but his financial woes had not ended, the police said.

The farmer was under depression since a week as he was unable to get back the ornaments from the lender, they said.

He committed suicide in the intervening night of Monday and Tuesday when his family members were asleep, the police said.

The Saoner police have registered a case of accidental death and started a probe.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 22 2020 | 12:00 AM IST

Next Story