Ruchika M Khanna
Chandigarh, With the rural indebtedness in Punjabs predominant agrarian economy touching Rs 80,000 crore, each rural household in the state is under a debt of an average Rs 8 lakh. Or simply put, 89 per cent of the 10.53 lakh households in Punjab are under debt.
This also shows how rural indebtedness in the state has more than doubled over the years. It was around Rs35,000 crore in 2009-10.
These are some of the grim findings of a survey conducted by the states three premier universities Punjab Agricultural University, Ludhiana; Guru Nanak Dev University, Amritsar; and, Punjabi University, Patiala to study the incidence of farmer suicides between April 2010 and March 2013, across Punjab.