PALAKKAD: Another debt-ridden farmer ended his life in the district. The dead has been identified as Kannankutty (56), a resident of Elavanchery, Karingulam. Kannankutty had taken a loan for cultivation. The money-lenders threatened him to repay the sum along with the interest. Unable to bear the pain, he hanged himself this morning. His relatives said Kannankutty had a debt of Rs 4 lakh.
This is the second suicide reported in the district in the last three days. Velukutty, a native of Vallikkode, committed suicide by jumping before a train. He had taken a loan of Rs 3 lakh from moneylenders for his daughter's wedding. Velukutty had repaid Rs 10 lakh but financiers Prakshan, and Devan threatened him to pay another Rs 20 lakh, his relatives said.