-Business Standard Surveys show 40% still get loans from non-institutional sources & at high rates A little over half of India's agricultural households were in debt, with 40 per cent of the dues from non-institutional lenders, during agricultural year 2012-13 (July to June), according to a official survey. This 'Situation assessment survey of agricultural households' showed 51.9 per cent of all agricultural households were indebted, with the average amount of unpaid dues being...
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Flaws in policy
-Business Standard Farmers still struggling for access to govt schemes The 70th report on the "Situation of Agricultural Households in India", released by the National Sample Survey Organisation (NSSO) on Saturday, reveals that much is wrong with Indian farmers' economic status, despite several programmes being run by the government to raise their incomes. Over half of all farm households are heavily indebted; 26 per cent of them owe money to moneylenders who...
More »Farm Debt Curse Continues: NSSO
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...
More »Rise in global inequality
-The Hindu The findings from the latest International Labour Organisation report on real wages point to a mix of proactive initiatives and policy paralysis in different contexts. The study notes that continuing deceleration in the growth of global real wages and discriminatory pay gaps based on gender and nationality could sharpen household income inequalities. A most striking finding is that labour productivity growth outstripped increases in real wage between 1999 and...
More »Agenda for Rejuvenating Irrigation in TS -Gautam Pingle
-The New Indian Express Since the merger of Telangana with Andhra state, irrigation under tanks in Telangana declined from 13,11,054 acres in 1956 to 3,89,591 acres in 2012-13. This is a decline of 9,21,463 acres or 70 per cent!! As a result, Telangana has lost production, income and employment potential of this vast acreage which could have also recharged groundwater (both from standing water in the irrigated areas as well as...
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