Why in the news?
- The latest report of the National Crime Records Bureau recorded 10786 farmer suicides in 2023, most of which occured in Maharashtra and Karnataka.
Farmers’ suicide in India
- Causes for Farmers’ suicides:
- Economic Factors:
- Indebtedness due to dependence on informal moneylenders, high interest rates.
- Crop failure due to droughts, floods, pest attacks, climate change.
- Volatile market prices & inadequate MSP coverage.
- Rising input costs (seeds, fertilizers, pesticides) vs. low crop prices.
- Institutional factors:
- Inadequate institutional credit penetration.
- Insurance schemes (e.g., PMFBY) often fail to provide timely compensation.
- Lack of effective extension services and support mechanisms.
- Socio-Cultural Factors:
- Pressure of family responsibilities, dowry, education expenses.
- Lack of alternate employment opportunities in rural areas.
- Social stigma of indebtedness causing psychological stress.
- Policy and Structural Issues:
- Skewed focus on cash crops (cotton, sugarcane): High risk of failure.
- Poor irrigation coverage causing overdependence on monsoon.
- Weak implementation of land reforms and marginalisation of small farmers.
- Economic Factors:
- Government Initiatives:
- Credit & Debt Relief:
- Kisan Credit Card (KCC).
- Agricultural Debt Waiver & Debt Relief Scheme (2008).
- Interest subvention schemes.
- Insurance & Risk Mitigation:
- Pradhan Mantri Fasal Bima Yojana (PMFBY, 2016).
- National Crop Insurance Programme.
- Income & Support:
- Minimum Support Price (MSP).
- Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
- Soil Health Card, PM Krishi Sinchayee Yojana (PMKSY).
- Welfare Schemes: Atal Pension Yojana, Ayushman Bharat, National Social Assistance Programme.
- Credit & Debt Relief:
- Judicial & Committee Observations:
- M.S. Swaminathan Committee (2006): Recommended MSP = C2 (comprehensive cost) + 50%.
- Supreme Court (2017): Expressed concern over high farmer suicides; urged better credit and insurance coverage.
- NCRB classification: Helps identify vulnerable states/districts for policy targeting.
- Challenges in Addressing the Issue:
- Debt waivers are short-term relief, not structural reform.
- Insurance schemes face delays, low awareness, high premiums.
- MSP benefits are concentrated in a few crops & states.
- Mental health support in rural areas is negligible.
- Way Forward:
- Economic Support: Diversify cropping patterns, strengthen MSP coverage, promote Farmer Producer Organisations (FPOs).
- Institutional Credit: Expand cooperative and rural banking reach, reduce dependency on moneylenders.
- Insurance Reform: Timely claim settlement, farmer-friendly premium structure.
- Mental Health Services: Helplines, counselling, community-based support.
- Climate-Resilient Agriculture: Drought-resistant seeds, micro-irrigation, watershed management.