A staggering Rs 20 crore debt reportedly led to the tragic suicide pact of a family of seven in Panchkula. The family, including three young children, allegedly consumed poison and died, leaving behind a heartbreaking story of financial distress.
Praveen Mittal, the head of the family, had been struggling with a huge loan amounting to around Rs 20 crore, his cousin Sandeep Agarwal revealed.
This debt had started years ago when Mr. Mittal set up a scrap factory in Himachal Pradesh’s Baddi. The business failed, and the bank seized his factory, flats, and vehicles due to unpaid loans.
What does this mean for the average person? It’s a grim reminder of how crushing debt can devastate entire families. The pressure and shame around money troubles often push people into isolation and despair.
Mr. Mittal moved several times—from Panchkula to Dehradun, then to Punjab and Haryana—trying to escape the weight of his financial problems. For six years, he was out of touch with his family.
The family reunited just a month ago in Panchkula, where Mr. Mittal worked as a taxi driver to make ends meet. But the debt, along with the bank seizures, seemed to have trapped them in a nightmare they could not escape.
On Monday, after attending a spiritual event at Bageshwar Dham in Uttarakhand, the family was returning home when they allegedly consumed poison together. A local resident spotted their car parked oddly and saw Mr. Mittal sitting outside.
When he checked inside, he found six people lying dead inside the car. The stench and horror of the scene were unimaginable.
The man outside claimed he would die soon too. Sadly, the ambulance did not arrive in time to save him. The family left a note asking Mr. Mittal’s cousin to perform their last rites.
This tragic incident highlights a serious social issue. Massive debts like Rs 20 crore are not just numbers—they represent lives destroyed, homes lost, and dreams shattered. It raises urgent questions about mental health support and financial counseling for those trapped in debt.
The bank seizures and failed business were just the tip of the iceberg. Behind the scenes were years of suffering, silence, and hopelessness. It’s a sharp wake-up call to society and financial institutions alike.
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