Debt Trap

Debt-ridden Wayanad farmer kills self in Karnataka

November 01, 2023

Debt-ridden Wayanad farmer kills self in Karnataka

Sreesanth was under pressure from the financial institutions for the past few days after he defaulted on repyaing loan, say relatives.

June 17, 2022
Kerala among 5 states with unsustainable debt stock, RBI warns of Sri Lanka's fate without corrective measures

For the five most indebted states of Bihar, Kerala, Punjab, Rajasthan and West Bengal, the debt stock is no longer sustainable, as the debt growth has outpaced their GSDP in past 5 years.