Farmers Suicide in India- Causes and Remedies: 2006-2010

Abstract

India is an Agrarian economy where more than 60% population either directly or indirectly depends on Agriculture & its allied activities. But in the race of development of Industrial and Service sector, India has totally neglected to Agriculture sector and its allied activities. This negligence resulted to increase in cost of production and losses also. Especially after Globalization, Indian farmers are in financial trouble and negligence of politicians and socialist towards rejuvenation, relaxation & Development of farmers and Agriculture, forces farmers to commit suicide. This research paper focuses on state-wise quantitative data of farmer’s suicide in India and reasons of the same with effective remedies. It also compares data of farmer’s suicides for period 1995-2005 to 2006-2010.

Keywords: Agriculture, Farmers Suicide, Globalization, Financial Trouble.