Bengaluru, Aug. 21 -- Karnataka Chief Minister Siddaramaiah announced a compensation of Rs 5 lakh to the families of people who died by suicide due to the harassment of micro financiers.

CM Siddaramaiah said, "A compensation of Rs 5 lakh each will be given to the families of those who died or committed suicide due to the mistreatment of microfinanciers."

The Chief Minister made this announcement in the Legislative Council on Thursday.

"Farmers are committing suicide due to debt. In the same manner as the compensation given to their families, Rs 5 lakh will also be given to the families of people who committed suicide due to the scourge of micro finance. Our aim is to reduce the suicide rate to zero," he said.

The CM replied to a quest...