An attempt has been made to understand the nature and causes of suicides, socio-economic and psychological profile of sample farmers in  the present paper. Required data were obtained from the families of selected suicide and non-suicide cases and secondary data from the official sources. Influence of various socio-economic factors on the probability of incidence of suicide was investigated through LOGIT Model. Findings revealed that that the spread of suicide victims was largely concentrated between the age group of 36-50 years (middle age), which sems to be prone to suicides. The fact that among the suicide cases about 87 per cent depended upon agriculture especially on dry farming with negligible supplementary enterprises revealed farmers' vulnerability for risks. Socio-psychological characteristics of suicide farmers as given by the surviving members of the family revealed that about 58 per cent suffered from stress, which could be due to heavy pressure and humiliation from private moneylenders, crop failure, debt burden etc. Though the parameters were subjective, it was noticed that about 73 percent of farmers did have conflict with wives, which could be external manifestation of the deeper economic crisis. Farmers who committed suicide seem to be sensitive and socially upcoming conscious personalities. Among the ten most important causes of suicides, debt burden was the major cause for taking the extreme step of committing suicide. As a policy it is recommended that supplementary occupations have to be promoted among the farmers. There is need to invest more on dry land development and simultaneously enhance accessibility to sustainable irrigation. Since debt burden was identified as the major cause of farmers' suicides, it has to be tackled effectively through an appropriate farm credit policy.  Further, an all India level expert committee involving farmers' representatives, agricultural scientists and policy makers should assess the extent and pattern of farmers' suicides across the country. From a sociological perspective there is need to organize non-political, non-profit, non-governmental associations involving agricultural experts, intellectuals, social workers, litterateurs and farmers' leaders to attend to farmers in distress, create awareness about their self dignity, rights, modus operandi of the profit making agencies and instill a sense of confidence.