Government refutes Bt cotton failure as reasons for farmers suicide

The government has denied suicide by cotton farmers was due to failure of the cash crop on account of adoption of genetically modified seeds.

NEW DELHI: The government has denied suicide by cotton farmers was due to failure of the cash crop on account of adoption of genetically modified seeds.

"India has harvested an average of 5.1 million tonnes of cotton per year which is well above the highest production of 3 million tonnes before the introduction of Bt cotton," Minister of State for Agriculture, Harish Rawat, said in a written reply to Lok Sabha.

The Minister attributed cotton farmers suicide to indebtness, crop failure, drought, socio-economic and personal reasons.

Rawat said numerous measures have been taken by the Union government to improve the financial condition of farmers to help them overcome debt problems..

These includes implementation of Rehabilitation package in 31 districts of Andhra Pradesh, Karnataka, Kerala and Maharashtra besides implementation of Agricultural Debt waiver and debt relief scheme increasing credit flow to agricultural sector.

Other measures like issuing kissan credit cards and providing interest rate subvention for timely payment on crop loans have also been taken, he added.
ADVERTISEMENT

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Government refutes Bt cotton failure as reasons for farmers suicide
Text Size:AAA
Success
This article has been saved

*

+