The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...
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Village households’ average assets in India at Rs 10 lakh
-PTI Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...
More »More than 50% of farm households in debt -Rukmini S
-The Hindu NSSO survey across 35000 family units Nearly 90 per cent of India's farmers have less than two hectares of land, according to the most extensive survey of farm households to date conducted by the National Sample Survey Office (NSSO). The survey says the average farm household makes less than Rs. 6,500 a month from all sources of income. The NSSO released the findings from its 70th Situation of Agricultural Households in...
More »Government taking 'speedy' measures to help farmers
-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
More »Farmer suicides PIL: Supreme Court asks centre, state government to file responses -Prabhati Nayak Mishra
-DNA Concerned about the increasing numbers of farmer suicides in Maharashtra's drought-hit areas, the Supreme Court on Thursday sought a response from the centre and state on a PIL seeking compensation of Rs 25,000 per hectare to the farmers whose crops have failed. The bench headed by chief justice of India H L Dattu sought their response on the PIL filed by Rakesh Uttamchandra Upadhyay, a lawyer, highlighting the plight of the...
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