-The Indian Express
It’s for the first time that the NCRB has categorised farmers’ suicides due to debt or bankruptcy based on the source of loans.
Local moneylenders are usually portrayed as the villains in India’s farmer-suicides narrative, but government data shows that 80 per cent of farmers killed themselves in 2015 because of bankruptcy or debts after taking loans from banks and registered microfinance institutions.
According to National Crime Records Bureau’s latest farmer-suicides data, of the over 3,000 farmers who committed suicides across the country in 2015 due to debt and bankruptcy, 2,474 had taken loans from banks or microfinance institutions.
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