Indian Debt

The debt today is so high, it's 200 ,000 rupees, 300 ,000 rupees of peasants who have no capital. They who know within a year or two when they accumulate that kind of debt. Where is the debt coming from? It's coming from a seed that is costing 100 ,000 to 200 ,000 rupees per kilogram, depending on what you have. Seeds that used to be free used to be theirs. Pesticides each time, the more they use, the more they have to use. 12 sprays, 15 sprays, 20 sprays. Pesticides used in just the last five years in the land areas of India have shown up by 2 ,000%. That's why the free market and globalization have brought, and since we are talking about peasants who have no money, who have no capital, they can only buy expensive seeds and expensive pesticides by borrowing. And who will lend that money? The seed companies sell the pesticides, which are the same companies that sell the seeds, as you know, are now also the major creditors.