Chandrapur, Oct. 12 -- A 65-year-old farmer allegedly died by suicide by jumping into a village pond amid mounting financial distress following the failure of his paddy crop and a microfinance loan burden in Minthur village of Nagbhid taluka in Maharashtra's Chandrapur district, police said on Monday.

The deceased was identified as Mukharu Laxman Dadmal. He reportedly jumped into the pond on Sunday, as his entire paddy crop had been destroyed due to a lack of rainfall, leaving him worried about repaying his debt and supporting his family.

According to his wife, Dadmal had an outstanding loan from a microfinance company. The crop failure had severely affected his financial condition, while uncertainty over the amount and timing of governme...