The amount of devastation caused by the corona virus epidemic in the year 2020 can be gauged from the fact that there are more businessmen than farmers who committed suicide in 2020 as compared to 2019. In 2020, there was a 50 percent increase in suicides among traders (tradesmen or businessmen) during a year of economic crisis caused by the pandemic. Even in the year 2020, more businessmen have committed suicide than farmers. This has been revealed in the NCB report.
According to the latest data from the National Crime Records Bureau (NCRB), in the year 2020, 11,716 businessmen died due to suicide as compared to 10677 farmers in the same year. Of these more than 11,000 deaths, 4,356 were tradesmen and 4,226 were vendors. The rest of the people who died have been kept in the category of other professions.
These are the three groups that the NCRB classifies the business community when recording suicides. There has been an increase of 29 percent in the cases of suicide among the business community in 2020 as compared to 2019. Meanwhile, suicides among traders jumped 49.9 per cent from 2,906 in 2019 to 4,356 in 2020.
At the same time, the total suicide figure in the country increased by 10 percent to 1,53,052. This is the highest ever. Traditionally, such deaths have always been less common among the business community than farmers, but traders are under stress from the coronavirus pandemic and the economic crisis that followed the lockdown. Small businesses and traders suffered huge losses during the lockdown implemented due to the pandemic. Many people have been forced to close shop.