Kerala’s alternative to farm loan waivers has lessons for India5 min read 27 Dec 2018, 10:32 AM IST
Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over 11 crore, and there are no farmer suicides in the state
Ernakulam/Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It led to a spate of farmer suicides, who had defaulted on loans. The hue and cry from rural Kerala reached the national capital, where Booker-winning author Arundhati Roy marched with women whose farmer husbands had killed themselves.
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