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
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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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        LATEST NEWS UPDATES | Over 50% agricultural households are facing indebtedness: Nabard -Remya Nair    </title>
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                            <div align="justify">-Livemint.com<br /><br /><em>The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows<br /><br />New Delhi: </em>Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to the National Financial Inclusion Survey 2016-17.<br /><br />The first-of-its-kind survey showed that among rural households, agri households earned more than non-agricultural ones. The annual income of rural households was ?96,708. Of this, while average annual income of agricultural households was ?107,172, that of non-agricultural households was ?87,228.<br /><br />The majority of the agricultural households were also indebted with the amount of loans nearly equalling annual incomes. More than one in two agricultural households surveyed were indebted. The average outstanding debt for these households was ?1.04 lakh but most borrowed from financial institutions rather than money lenders.<br /><br />One in two rural households saved in 2016-17. Nearly one in two rural households that saved did so in financial institutions with more agricultural households saving in such institutions compared to the non-agricultural households.<br /><br />The survey covered 245 districts across 29 states and was done across Tier III to Tier VI cities. It covered 40,327 households and 187,000 people.<br /><br />The survey covers all aspects of financial inclusion, including loans, savings, investments, pension, insurance and remittance.<br /><br />Please <a href="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html" title="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows<br /><br />New Delhi: </em>Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to the National Financial Inclusion Survey 2016-17.<br /><br />The first-of-its-kind survey showed that among rural households, agri households earned more than non-agricultural ones. The annual income of rural households was ?96,708. Of this, while average annual income of agricultural households was ?107,172, that of non-agricultural households was ?87,228.<br /><br />The majority of the agricultural households were also indebted with the amount of loans nearly equalling annual incomes. More than one in two agricultural households surveyed were indebted. The average outstanding debt for these households was ?1.04 lakh but most borrowed from financial institutions rather than money lenders.<br /><br />One in two rural households saved in 2016-17. Nearly one in two rural households that saved did so in financial institutions with more agricultural households saving in such institutions compared to the non-agricultural households.<br /><br />The survey covered 245 districts across 29 states and was done across Tier III to Tier VI cities. It covered 40,327 households and 187,000 people.<br /><br />The survey covers all aspects of financial inclusion, including loans, savings, investments, pension, insurance and remittance.<br /><br />Please <a href="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html" title="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows<br /><br />New Delhi: </em>Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to the National Financial Inclusion Survey 2016-17.<br /><br />The first-of-its-kind survey showed that among rural households, agri households earned more than non-agricultural ones. The annual income of rural households was ?96,708. Of this, while average annual income of agricultural households was ?107,172, that of non-agricultural households was ?87,228.<br /><br />The majority of the agricultural households were also indebted with the amount of loans nearly equalling annual incomes. More than one in two agricultural households surveyed were indebted. The average outstanding debt for these households was ?1.04 lakh but most borrowed from financial institutions rather than money lenders.<br /><br />One in two rural households saved in 2016-17. Nearly one in two rural households that saved did so in financial institutions with more agricultural households saving in such institutions compared to the non-agricultural households.<br /><br />The survey covered 245 districts across 29 states and was done across Tier III to Tier VI cities. It covered 40,327 households and 187,000 people.<br /><br />The survey covers all aspects of financial inclusion, including loans, savings, investments, pension, insurance and remittance.<br /><br />Please <a href="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html" title="https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html">click here</a> to read more. <br /></div>                                                           
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Over 50% agricultural households are facing indebtedness: Nabard -Remya Nair

Published on Aug 17, 2018   Modified on Aug 17, 2018

-Livemint.com The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows New Delhi: Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to the National Financial Inclusion Survey 2016-17. The first-of-its-kind survey showed that among rural households, agri households earned more than non-agricultural ones. The annual income of rural households was ?96,708. Of this, while average annual income of agricultural households was ?107,172, that of non-agricultural households was ?87,228. The majority of the agricultural households were also indebted with the amount of loans nearly equalling annual incomes. More than one in two agricultural households surveyed were indebted. The average outstanding debt for these households was ?1.04 lakh but most borrowed from financial institutions rather than money lenders. One in two rural households saved in 2016-17. Nearly one in two rural households that saved did so in financial institutions with more agricultural households saving in such institutions compared to the non-agricultural households. The survey covered 245 districts across 29 states and was done across Tier III to Tier VI cities. It covered 40,327 households and 187,000 people. The survey covers all aspects of financial inclusion, including loans, savings, investments, pension, insurance and remittance. Please click here to read more.

Livemint.com, 16 August, 2018, https://www.livemint.com/Industry/CYMrgvxGIVnCreNooCAo1K/Over-50-of-agricultural-households-in-debt-Nabard.html

Tagged with: Bank Account Indebtedness Financial Inclusion National Bank for Agriculture and Rural Development (NABARD) NABARD National Financial Inclusion Survey 2016-17

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