Gujarat: Farmers' bad loans rise 3.75 times in just four years

Ahmedabad | Saturday | 23rd March, 2019

Summary:

Bad loans of farmers in Gujarat have almost quadrupled in four years, according to a recent banking report. Steps such as depositing Rs 2,000 in bank accounts of farmers will not improve farmers' incomes. If steps are not taken to improve farmers' incomes, cases of suicides will rise drastically or they will turn violent," said Sagar Rabari, founder president of Gujarat Khedut Ekta Samiti. They say this is proof that farmers' income has fallen to the extent that they are unable to repay their loans. Farmers' representatives and experts say that the statistics depict the distress experienced by farmers..