While it is a tragic state to talk about, the farmer suicides, despite coming to an end are only rising with every passing year. It was only in the year 2015, that the rate of farmer suicides increased by 40% in comparison to 2014. According to the government data released, the numbers of farmer suicides increased from 5,650 in 2014 to 8,000 in 2015.
Some reasons attributed for this mayhem is the lack of rainfall, draught like condition in different parts of the country, and less knowledge about modern agriculture practices. Farmers in deep distress take the extreme step of ending their lives, after not being able to make both ends meet. Approximately 55% of the Indian population is involved in the agriculture sector, but only contributing 14% towards the GDP.
There are several other factors leading to this condition in India. One of them is the exploitation of farmers by the Zamindars and land-owners. Due to the high rates of interest on loans taken from the Zamindars, the farmers have been trapped in huge debts, failing to repay which leads them to commit suicide.
The rising trend of farmer’s suicides in India can be stopped by educating them about better farming techniques giving them high yields. Agrocorp follows this belief! The expert team trains the farmers about the usage of modern technology on the farmlands. They are provided knowledge about organic farming, drip irrigation techniques, etc.
Inadequate rainfall, improper irrigation setups, lack of modern technology and financial support are the proven reasons for drawing the farmers towards the thought of suicides. The Agrocorp team is consistent at overcoming the barriers that the farmers are facing, and is forming a link between the investors and farmers to give them promising gains.
If you want to invest in agriculture sector for getting a better ROI as well as helping the farmers gain more and thus come out from the vicious cycle of debt, then it is no longer a dream or a difficult task. You can contact us on 0114241 8736 or mail at email@example.com for any queries or further details.