The National Crime Records Bureau (NCRB) released data on accidental deaths and suicides for 2019 this week. Business Standard takes a brief look at suicides across professions due to economic causes.
Chart 1 shows that the number of daily wagers who succumbed to suicide in 2019 was more than twice the number in 2014. This period, especially after demonetisation, was characterised by low wage growth. The chart also shows that suicides have grown across these categories: self-employed (63%), unemployed (41%), salaried or professionals (30%) and even students (28%). While farmers suicides have not really reduced, farm workers are less inclined