Suicides by farmers have become increasingly frequent in India due to the inability to pay off agricultural loans. The government has taken various measures to prevent the suicide of the farmers. In a Shocking incident at Punjab, our generations of men committed suicide because of passing debts. Joginder Singh is a farmer from Bodhna, a village in Barnala district. 40 years ago, he borrowed money from private firms and banks for farming.
But, he encountered a loss in farming. Unable to pay the debts, he committed suicide. Subsequently, the pressure to pay debts fell on Joginder Singh’s son Bhagwan Singh. He as well couldn’t pay the money back and hence ended up committing suicide 25 years ago. After this, the lenders started asking money from Kulwant Singh, son of Bhagwan Singh. Thus, he ended his life, upon pressure. At last, 22 years old son of Kulwant Singh, Lovepreet Singh, committed suicide day before yesterday.
As per the Punjab government commitment, Lovepreet was entitled to a loan waiver up to 5 lakh but got a waiver of 57,000. The unpaid loans total around Rs 9 lakh and the Singhs’ own just an acre land. Of 8.57 lakh, the Joghindher took a loan Rs 6 lakh from private money lenders and 2 lakh from banks. Following that, the family suffered for generations, spiraling in the clutch of debts.
News Courtesy : Vikatan