In India, tens of thousands of farmers commit suicide every year. An overarching cause in majority of the cases is they are heavily indebted and inability to pay back to money lender forces them to the extreme step as they can’t bear consequential torture and exploitation. The agony is palpating in instances whereby even a small loan taken by farmer or a landless laborer from money lender gets transformed in to mountain of debt as interest charged by latter is exorbitant – 4-5 times higher than what the banks charge. At another level, consider a woman at home who struggles hard to keep her earnings safe even as her die-hard alcoholic husband looks for every possible opportunity to pounce. Eventually, the cash gets frittered in giving vent to dastardly habits of latter. Think of the only earning person of a poor family – a factory worker or landless worker on … Continue reading Empowering poor vide PM Jan Dhan Yojna