Amitabh Bachchan pays off farmers' loans worth $500,000

INSUBCONTINENT EXCLUSIVE:
Image copyrightGetty ImagesImage caption Amitabh Bachchan is considered to be India's greatest actor
blog on Tuesday that he had "taken care" of 1,398 farmers by paying off their debt, adding that he felt a "sense of accomplishment".All of
the farmers are from the northern state of Uttar Pradesh, where Bachchan was born.Tens of thousands of Indian farmers struggle with debt.For
decades now, the farming industry has been blighted by drought, the depletion of the water table, declining productivity and a lack of
modernisation
Farm suicides have been linked to these issues - at least 300,000 farmers have taken their lives since 1995.Bachchan, who is 76, remains
one of India's most popular and best-known actors
He cleared loans that were owed to the government-owned Bank of India, which has issued a "one time settlement document and certificate",
according to his blog post
He said that he had paid dues worth more than 40m rupees
"I shall wish of course to give these settlements, these confirmations that their loans have been paid off, personally," Bachchan wrote
Since it would difficult to bring all of the farmers to Mumbai city, where he lives, he said he had reserved a train coach to bring 70 of
them to meet him to receive the bank documents.They are expected to arrive on 26 November.Image copyrightReutersImage caption
Half of India's population work on farms, but farming contributes only 15% to GDP Earlier this year Bachchan paid off
the loans of 350 farmers from Mumbai's Maharashtra state
Thousands of farmers in the state staged massive protests last year demanding loan waivers and better crop prices
The veteran actor has also been involved in controversy in connection with farm land
In 2007, a court ruled that a 90,000 sq ft plot had been illegally allocated to him.He faced fraud charges which were later withdrawn
because he had abandoned his claim to the land.Bachchan has acted in more than 190 films, and has also starred in Hollywood movies in recent
years
He was also the host of Kaun Banega Crorepati, the Indian version of Who Wants to be a Millionaire, and one of the most watched shows on
Indian television