Author : Tanisha Nagori; Kids Club School, Jaipur
Agriculture plays a significant role in India’s economy. According to a report entitled India at a Glance, approximately “70% of the rural households depend on agriculture” (“India at a glance”, 2020 ), highlighting the incredibly important role agriculture plays. Economically, it contributes “about 17% to the total GDP and provides employment to over 60% of the population” (ibid). Although this role has been steadily declining over the last couple decades with the gradual development of India, farmers continue to remain the backbone of the agricultural economy and, as such, a lot of the Indian economy. It’s surprising to learn, therefore, that most of them currently suffer under the burden of constant debt. The debt crisis for farmers in India has never been worse. Millions of farmers who rely on the agricultural sector for work are currently suffering from extreme poverty as a result of not being able to have sufficient yield – the overpopulation India experiences causing insufficient land split alongside uncharitable government policies.