Story on Bundelkhand Farm Loans by Nimisha Agarwal
Story on Bundelkhand Farm Loans by Nimisha Agarwal
“Villages in Bundelkhand are poor, hot and dry. Farmers depend mainly on rainfall, which has been unpredictable for more than five years”)
Banda (Uttar Pradesh): Almost a year ago, Congress scion Rahul Gandhi said that one of India’s poorest, most suicide-prone regions at the nation’s heart, Bundelkhand, had the potential to become Bangalore.
Yet, in the seven parched districts of Bundelkhand that fall in Uttar Pradesh (six fall in Madhya Pradesh), at least 3,000 farmers killed themselves over the last five years, according to official records and suicides reported in newspapers, the terms of agricultural bank loans that underlie these deaths dramatically more unfavourable than home loans given to the urban middle class in Bangalore.
Courtesy: IndiaSpend