Chennai: A 65-year-old farmer in Coimbatore, who had borrowed 70 lakh rupees from a nationalised bank, died on Saturday allegedly after consuming pesticide.
Ramasamy had taken the loan to set up a farm for cultivation of capsicums and tomatoes. He had repaid around Rs. 6 lakh which he borrowed from private lenders.
His family alleged that the bank authorities backtracked on a 50 per cent subsidy and asked him to repay the entire loan.
"My father borrowed six lakhs and repaid the bank. He couldn't mobilise more funds. He was under stress as the bank manager asked him to pay at least some part," his son said.
Police said there could be other reasons for his death, adding that "no suicide note was found near him".
In the last one month, at least four farmers have killed themselves across Tamil Nadu.
Last month, a farmer allegedly consumed pesticide after his tractor was seized by a bank for defaulting on loan.
Ramasamy had taken the loan to set up a farm for cultivation of capsicums and tomatoes. He had repaid around Rs. 6 lakh which he borrowed from private lenders.
His family alleged that the bank authorities backtracked on a 50 per cent subsidy and asked him to repay the entire loan.
Police said there could be other reasons for his death, adding that "no suicide note was found near him".
Advertisement
Last month, a farmer allegedly consumed pesticide after his tractor was seized by a bank for defaulting on loan.
Advertisement
COMMENTS
Advertisement
Udhayanidhi Stalin Plays Down Reports Of Becoming Deputy CM Says, "All Ministers In Govt Are Deputy CM's" Byju's Faces Total Shutdown If Insolvency Proceeds, Says CEO Byju Raveendran A Food Trail Through Coimbatore - What To Eat And Where The 'Fake' CrowdStrike Worker Who Crippled Windows Users Worldwide On Sonu Sood's Post About Kanwar Yatra Order, Kangana Ranaut's Rejoinder Curfew In Bangladesh, Military On Streets After 105 Die In Clashes Kerala Health Minister Convenes High-Level Meet Over Suspected Nipah Virus Economic Survey To Be Tabled In Parliament On Monday, A Day Before Budget Mahindra Thar 5-Door Revealed; Named Thar Roxx Track Latest News Live on NDTV.com and get news updates from India and around the world.