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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Increasing debts: Farmers commit suicide in Maddur

Maddur: In separate incidents, two farmers, unable to repay the loans they had taken to grow crops, committed suicide by consuming poison at Tubinakere and Rajegowdanadoddi in the taluk. In the first…

By Author
Published July 22, 2019 · 1 min read
increasing debts: farmers comm

Maddur: In separate incidents, two farmers, unable to repay the loans they had taken to grow crops, committed suicide by consuming poison at Tubinakere and Rajegowdanadoddi in the taluk. In the first incident, Krishnegowda, who owns 3.5 acre land, had taken a loan of Rs.2 lakh from a Co-operative Society, Rs.1.5 lakh from a Bank and Rs.4 lakh from private financiers to grow crops in his land.

As rains failed and the crops started withering, Krishnegowda suffered huge losses and the financiers were allegedly pestering him to return their loan amount.

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