Vidarbha – a major cotton growing region in central India has been the epicentre of a protracted agrarian crisis. Chronic indebtedness and farmers' suicides continue unabated despite decades of state intervention. Going beyond the contemporary discourse that finds fault in neoliberal policies and integration with global markets, this fascinating book tells the story of how nineteenth century 'accidents' particularly in the form of colonial policies and the American Civil War ushered in institutional transformations that shaped the region's cotton economy. By drawing insights from their longitudinal study in villages of the region spanning 12 years, Gaurav and Ranganathan present the 'gambles' that farmers are part of.