Explained | Is income loss the major reason behind farmers' debts? 

According to latest data released by the Ministry of Statistics and Programme Implementation, farmers' income rose by 30 per cent while their debt surged around 58 per cent between 2013 and 2019.

In the last eight years, farmers' debts have increased much more than their income. Does this signal a debt trap farmers are getting into?

Farmers' income rose by 30 per cent while their debt surged around 58 per cent between 2013 and 2019. As a result, farmers' debt as a percentage of their annual income shot up by 13 percentage points, according to latest data released by the Ministry of Statistics and Programme Implementation.