86922 farmer suicides in 2001-05: UN- The Statesman,
The farmer’s debt trap to death
Can’t escape Escap
The report of the UN’s Economic and Social Commission for
If the interest rates for home and car loans is lower than those for farmers, there can be little doubt over which category the Centre caters to. The report has highlighted the fact that banks and micro-finance institutions charge between 18 and 24 per cent on farm loans. Indeed, there is a lesson to be drawn from the experience of
As in other spheres of social welfare, Escap has offered more data than any government survey would have established. It will serve to fill the gaps in the periodic studies conducted by Yojana Bhavan. Escap has established what the home-grown planners have never had the nerve to try. And the data is irrefutable. Overwhelming are the ramifications of the crisis. The Rs 60,000-crore loan-waiver is at best a quick-fix solution intended primarily to yield dividend at the hustings. For the agricultural sector, however, it might mitigate the distress only very partially.