An economic analysis of farmer suicides in India

Suicides among the farmer community in the recent years show the agrarian distress in India which is a result of the less importance of agrarian economy in national economy since the economic reforms of 90s. In fact, it looks very contradictory if we see the rise of the political power of the rural people at the end of the 80s. It seems as a paradox. So it is very important to investigate this paradox of agrarian distress. A micro analysis of arguments reveals that the there are some political and economic constraints such as political manipulation of farmers, interests of a specific class of farmers within group, government policy change, fiscal infeasible of agriculture sector, heterogeneity among the farmers, etc. These constraints have further created this paradox. The present study is based on empirical data verification which is taken from secondary sources of world renowned institutions. Tabulation and graphics method have been used for analyzing the data.