Agrarian crisis with special reference to indebtedness among Punjab farmers

Punjab peasantry is in the clutches of severe indebtedness. To overcome the problem of debt trap, effective measures should be taken by the government, social organisations and farming community. The government should exercise a strong check on the activities on non-institutional credit agencies and provide institutional credit facilities to the farming community at low rates of interest with easy repayment facilities. The co-operative sector should be developed/strengthened in the state.