10.20.2008

why suicide among punjab farmers?

The high price of cotton on the international market which caused for many farmers in Punjab and other areas to switch to cotton. They did not realise that international prices for agricultural commodities are highly volatile and they tend to fluctuate.Thus when the prices fell and some harvests also failed because of various pest and untimely rains these farmers were in deep distress and many of them committed suicide. At the heart of the agricultural crisis and the farmers suicides are the raising costs of production. The costs of seeds, pesticides, fertilisers and machinery are too much to bear for marginal and small farmers still these farmers will purchase these inputs because they do not wish to be backward. The companies who sell these agricultural products together with the moneylenders are the ones who are benefiting from this agricultural system.
These agricultural companies are in large part multinationals who are gaining more and more foothold in the Indian rural areas as a result of the liberalisation of agriculture in concordance with the Agreement on Agriculture.