Indebtedness Leading Punjab Farmers into a Death Trap: A Loan Waiver Needed

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M.L. Sehgal
M.L. Sehgal
α Guru Nanak Dev University Guru Nanak Dev University

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Indebtedness Leading Punjab Farmers into a Death Trap: A Loan Waiver Needed

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Abstract

This study details the causes as to how and why Punjab farmers fell into a never -ending cycle of debt which started right from the British Era but became graver with time. Slowly, it turned the state into a graveyard of farmers. The reasons for this poor plight of Punjab farmers are many which can be attributed to the various Governments both at the State and the Center, peasants themselves and to agricultural economists. The loss of resources due to trifurcation of Punjab (1 st November, 1966) , the uncertain political atmosphere during the period of militancy, the absence of democratically elected state government for about a decade (3510 days) and bypassing of primary (agriculture) sector during Economic Liberalization period (initiated in June,1991) made Punjab an ‘Orphan’ state. The farmers failed to diversify as no right advice was forthcoming from the economists and continued with wheat and rice combination for which there were no takers of their surplus produce after some years. A Continual increase in the cost of agricultural inputs relative to a minimal increase in the MSP of the crops by the Centre, the pest attacks (whitefly on cotton), depleting underground water level in 80% area and excessive use of fertilizers and pesticides reduced the quality of both the soil and water of the state.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

M.L. Sehgal. 2018. \u201cIndebtedness Leading Punjab Farmers into a Death Trap: A Loan Waiver Needed\u201d. Global Journal of Science Frontier Research - D: Agriculture & Veterinary GJSFR-D Volume 18 (GJSFR Volume 18 Issue D6): .

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Issue Cover
GJSFR Volume 18 Issue D6
Pg. 67- 87
Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

Keywords
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GJSFR-D Classification: FOR Code: 070199
Version of record

v1.2

Issue date

September 20, 2018

Language
en
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This study details the causes as to how and why Punjab farmers fell into a never -ending cycle of debt which started right from the British Era but became graver with time. Slowly, it turned the state into a graveyard of farmers. The reasons for this poor plight of Punjab farmers are many which can be attributed to the various Governments both at the State and the Center, peasants themselves and to agricultural economists. The loss of resources due to trifurcation of Punjab (1 st November, 1966) , the uncertain political atmosphere during the period of militancy, the absence of democratically elected state government for about a decade (3510 days) and bypassing of primary (agriculture) sector during Economic Liberalization period (initiated in June,1991) made Punjab an ‘Orphan’ state. The farmers failed to diversify as no right advice was forthcoming from the economists and continued with wheat and rice combination for which there were no takers of their surplus produce after some years. A Continual increase in the cost of agricultural inputs relative to a minimal increase in the MSP of the crops by the Centre, the pest attacks (whitefly on cotton), depleting underground water level in 80% area and excessive use of fertilizers and pesticides reduced the quality of both the soil and water of the state.

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Indebtedness Leading Punjab Farmers into a Death Trap: A Loan Waiver Needed

M.L. Sehgal
M.L. Sehgal Guru Nanak Dev University

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