Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?

G Venkatasubramanian trots out some astonishing numbers.

Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage..."/>
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In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?

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    <h1 class="cat-box-title">A tsunami of debt is building up in Tamil Nadu – and no one knows where it is headed -M Rajshekhar</h1>
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                            <div align="justify">-Scroll.in<br /><br /><em>In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?<br /><br /></em>G Venkatasubramanian trots out some astonishing numbers.<br /><br />Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage among families in 20 villages in Tamil Nadu. Half of these settlements are in the coastal district of Cuddalore, and the others are in the adjoining district of Villupuram.<br /><br />Their study is throwing up some puzzling changes in how much these families borrow &ndash; and how.<br /><br />In 2001, the average annual income of these families was Rs 16,000. Average debt was Rs 10,000. Come 2016, annual income has risen five-fold to Rs 80,000. Average debt, however, stands at Rs 250,000. This is a 25-fold increase.<br /><br />How these families borrow has changed too. Earlier, only land-owning communities &ndash; Mudaliars, Chettiars or Reddiars &ndash; lent money. But now, said Venkatsubramanian, the Scheduled Castes are increasingly lending and borrowing among themselves. &ldquo;A family will borrow Rs 50,000 and lend Rs 25,000,&rdquo; he said.<br /><br />At the same time, communities that once looked down upon moneylending are entering the trade. The Nadars of southern Tamil Nadu, for instance, have begun lending in central and northern parts of the state.<br /><br />Please <a href="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed" title="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed">click here</a> to read more. <br /></div>                                                           
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In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?

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    <h1 class="cat-box-title">A tsunami of debt is building up in Tamil Nadu – and no one knows where it is headed -M Rajshekhar</h1>
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                            <div align="justify">-Scroll.in<br /><br /><em>In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?<br /><br /></em>G Venkatasubramanian trots out some astonishing numbers.<br /><br />Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage among families in 20 villages in Tamil Nadu. Half of these settlements are in the coastal district of Cuddalore, and the others are in the adjoining district of Villupuram.<br /><br />Their study is throwing up some puzzling changes in how much these families borrow &ndash; and how.<br /><br />In 2001, the average annual income of these families was Rs 16,000. Average debt was Rs 10,000. Come 2016, annual income has risen five-fold to Rs 80,000. Average debt, however, stands at Rs 250,000. This is a 25-fold increase.<br /><br />How these families borrow has changed too. Earlier, only land-owning communities &ndash; Mudaliars, Chettiars or Reddiars &ndash; lent money. But now, said Venkatsubramanian, the Scheduled Castes are increasingly lending and borrowing among themselves. &ldquo;A family will borrow Rs 50,000 and lend Rs 25,000,&rdquo; he said.<br /><br />At the same time, communities that once looked down upon moneylending are entering the trade. The Nadars of southern Tamil Nadu, for instance, have begun lending in central and northern parts of the state.<br /><br />Please <a href="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed" title="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed">click here</a> to read more. <br /></div>                                                           
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In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?

G Venkatasubramanian trots out some astonishing numbers.

Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage..."/>
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-Scroll.in

In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?

G Venkatasubramanian trots out some astonishing numbers.

Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage..." />
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    <h1 class="cat-box-title">A tsunami of debt is building up in Tamil Nadu – and no one knows where it is headed -M Rajshekhar</h1>
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                            <div align="justify">-Scroll.in<br /><br /><em>In the last ten years, Tamil Nadu has seen households' debt go out of control. Why?<br /><br /></em>G Venkatasubramanian trots out some astonishing numbers.<br /><br />Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage among families in 20 villages in Tamil Nadu. Half of these settlements are in the coastal district of Cuddalore, and the others are in the adjoining district of Villupuram.<br /><br />Their study is throwing up some puzzling changes in how much these families borrow &ndash; and how.<br /><br />In 2001, the average annual income of these families was Rs 16,000. Average debt was Rs 10,000. Come 2016, annual income has risen five-fold to Rs 80,000. Average debt, however, stands at Rs 250,000. This is a 25-fold increase.<br /><br />How these families borrow has changed too. Earlier, only land-owning communities &ndash; Mudaliars, Chettiars or Reddiars &ndash; lent money. But now, said Venkatsubramanian, the Scheduled Castes are increasingly lending and borrowing among themselves. &ldquo;A family will borrow Rs 50,000 and lend Rs 25,000,&rdquo; he said.<br /><br />At the same time, communities that once looked down upon moneylending are entering the trade. The Nadars of southern Tamil Nadu, for instance, have begun lending in central and northern parts of the state.<br /><br />Please <a href="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed" title="http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed">click here</a> to read more. <br /></div>                                                           
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A tsunami of debt is building up in Tamil Nadu – and no one knows where it is headed -M Rajshekhar

Published on Aug 2, 2016   Modified on Aug 2, 2016

-Scroll.in In the last ten years, Tamil Nadu has seen households' debt go out of control. Why? G Venkatasubramanian trots out some astonishing numbers. Over the last 15 years, he and his fellow researchers at Pondicherry's French Institute have been studying debt bondage among families in 20 villages in Tamil Nadu. Half of these settlements are in the coastal district of Cuddalore, and the others are in the adjoining district of Villupuram. Their study is throwing up some puzzling changes in how much these families borrow – and how. In 2001, the average annual income of these families was Rs 16,000. Average debt was Rs 10,000. Come 2016, annual income has risen five-fold to Rs 80,000. Average debt, however, stands at Rs 250,000. This is a 25-fold increase. How these families borrow has changed too. Earlier, only land-owning communities – Mudaliars, Chettiars or Reddiars – lent money. But now, said Venkatsubramanian, the Scheduled Castes are increasingly lending and borrowing among themselves. “A family will borrow Rs 50,000 and lend Rs 25,000,” he said. At the same time, communities that once looked down upon moneylending are entering the trade. The Nadars of southern Tamil Nadu, for instance, have begun lending in central and northern parts of the state. Please click here to read more.

Scroll.in, 2 August, 2016, http://scroll.in/article/810138/a-tsunami-of-debt-is-building-up-in-tamil-nadu-and-no-one-knows-where-it-is-headed

Tagged with: National Sample Survey Organisation (NSSO) Rural Credit Rural Debt Debt Debt Burden Debt Relief debt waiver scheme NSSO Moneylenders

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