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Risks, Farmers’ Suicides and Agrarian Crisis in India - Is There A Way Out?

Author

Listed:
  • Srijit Mishra

    (Indira Gandhi Institute of Development Research)

Abstract

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces yield, price, input, technology and credit among others. The increasing incidence of farmers suicides is symptomatic of a larger crisis, which is much more widespread. Risk mitigation strategies should go beyond credit. Long term strategies requires more stable income from agriculture, and more importantly, from non-farm sources. Private credit and input markets need to be regulated. A challenge for the technological and financial gurus is to provide innovative products that reduce costs while increasing returns. The institutional vacuum of organising farmers needs to be addressed through a federation of self-help groups (SHGs) or alternative structures.

Suggested Citation

  • Srijit Mishra, 2007. "Risks, Farmers’ Suicides and Agrarian Crisis in India - Is There A Way Out?," Development Economics Working Papers 22339, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:develo:22339
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    Citations

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    Cited by:

    1. Kakarlapudi, Kiran Kumar, 2012. "Agricultural Growth Deceleration In India: An Enquiry Into Possible Explanations," Journal of Regional Development and Planning, Rajarshi Majumder, vol. 1(1), pages 25-40.
    2. Kakarlapudi, Kiran Kumar, 2010. "Agricultural Growth Deceleration in India: A Review of Explanations," MPRA Paper 35865, University Library of Munich, Germany, revised 10 Jan 2012.
    3. Nalini Bikkina & Rama Mohana R. Turaga & Vaibhav Bhamoriya, 2018. "Farmer producer organizations as farmer collectives: A case study from India," Development Policy Review, Overseas Development Institute, vol. 36(6), pages 669-687, October.
    4. Dalwai, Ashok, 2012. "Dynamics of Agricultural Growth in India," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 67(1), pages 1-19.
    5. Sunil Kumar & Ashutosh Verma, 2020. "Empowering Farmers of Madhya Pradesh: An Initiative of Madhya Bharat Consortium of Farmers Producer Company Limited," South Asian Journal of Business and Management Cases, , vol. 9(1), pages 148-158, April.
    6. Raman, Rakesh & Kumari, Reena, 2012. "Regional Disparity In Agricultural Development: A District-Level Analysis For Uttar Pradesh," Journal of Regional Development and Planning, Rajarshi Majumder, vol. 1(2), pages 71-90.
    7. Rajan Sudesh Ratna & Murali Kallummal, 2013. "ASEAN–India Free Trade Agreement (FTA) and its Impact on India," Foreign Trade Review, , vol. 48(4), pages 481-497, November.
    8. Arora, Saurabh & Romijn, Henny, 2009. "Innovation for the base of the pyramid: Critical perspectives from development studies on heterogeneity and participation," MERIT Working Papers 2009-036, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Bikkina,Nalini & Turaga, Rama Mohana & Bhamoriya, Vaibhav, 2015. "Farmer Producer Organizations as Farmer Collectives: A Case Study from India," IIMA Working Papers WP2015-01-05, Indian Institute of Management Ahmedabad, Research and Publication Department.

    More about this item

    Keywords

    Credit burden; Crop loss/yield uncertainty; Market vulnerabilities (price shocks and increasing input costs); Returns to cultivation; Suicide Mortality Rate (SMR);
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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