Answer:
Failure
of cash crops like soya and cotton due to excessive rains and increase in the
input cost of Bt cotton seeds supplied by Monsanto, as well as of fertilisers
and pesticides, has increased the agrarian crisis in Vidarbha.
The cultivation cost has almost doubled due to unusual rise in the prices
of seeds, fertilisers and labour rate, whereas the crop has failed. Due to this
the farmers could not manage even their food expenses, leave alone repaying
their loans.
As there was no government procurement of crops (whatever crops
were available) at the Minimum Support Price (MSP), this forced farmers to
offload their crops at throw away prices, resulting in heavy losses.
The government should have asked the banks to postpone
the recovery of loans where applicable, procured crops at the Minimum Support
Price (MSP) and provided rations at subsidised rates to all affected farmers so
that they were not driven to committing suicide.
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