Debt-ridden farmer commits suicide in Pb

Bs_logoImage
Press Trust of India Ludhiana
Last Updated : Jun 18 2015 | 9:42 PM IST
A 45-year-old debt-ridden farmer allegedly committed suicide by consuming poison at Manusran village here, police said today.
Harmit Singh consumed pesticide yesterday after he got to know that the land he had mortgaged for a loan was going to be sold, police said, adding, he was rushed to a hospital where he died during treatment.
In his complaint, Ishpreet Singh, son of the deceased said that his father had taken a loan of Rs 3 lakh from a commission agent but due to high rate of interest the amount swelled to Rs 15 lakh.
Harmit reached out to the agent after learning that the latter was going to sell the land but his request was turned down, they said.
Ishpreet said his father was in depression after the agent confiscated the land documents and their crop was completely ruined due to recent thunderstorm.
The deceased was an alcoholic, police said, adding, an investigation has been initiated in the matter.
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 18 2015 | 9:42 PM IST