Moneylenders only hope for India’s poor farmers
An inescapable cycle of debt is fuelling one of the worst agrarian crises facing India, a crisis that has seen some 150,000 farmers commit suicide since 1997
Reply to comment
If India's agriculture has to flourish, we need to find a creative way to reach bank funds to the farmers - bypassing the money lender route. If this happens, and banks are assured that they will not be asked to give full blanket loan waivers every 7-8 years, the economy will prosper.
Vivek