Ravindra Abhiman Nikam, a resident of Dabhadi in Malegaon, ended his life by consuming a poisonous substance at an agricultural field yesterday, an officer at Chhavani police station said.
He had apparently borrowed money from his friends and also taken Rs 10 lakh loan from a private financial company to purchase a tractor and for other agriculture purposes. But, due to inadequate rainfall this year, he could not repay the amount.
Distressed over his debt burden, the farmer took the extreme step, he said.
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