-The Economic Times Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again going out of the banking system with share of savings in form of cash touching decade high and that of deposits touching decade lows. While currency in circulation is at Rs 19.38 lakh crore is much higher than pre-demonetisation levels, household savings in form of cash and currency has surged to...
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Why reports of agriculture's demise are greatly exaggerated -Dipti Jain and Sayantan Bera
-Livemint.com Farming activities comprise more than half of the total average monthly income for agricultural households, as per the latest survey by Nabard Bengaluru/ New Delhi: Farmers may be looking for alternative avenues of income, but it is too soon to write off the significance of agriculture in rural India, data from the recently released Nabard All India Rural Financial Inclusion Survey (NAFIS) shows. An initial reading of the survey findings seems to...
More »Raising a stink -Abhinav Rajput & Mallica Joshi
-The Indian Express Despite framing rules, proposing fines and starting ‘model colonies’, waste segregation in the capital has failed to take off. With mountains of garbage continuing to grow, The Indian Express reports on the challenges before authorities. The year 2015 was an eye-opener of sorts for Arpit Bhargava. Down with dengue, the lawyer started thinking about the link between waste and diseases. But thoughts gave way to action when he heard...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »From Plate to Plough: Lean year as a foundation -Ashok Gulati & Shweta Saini
-The Indian Express NABARD’s new survey offers a baseline to double farmers’ incomes. But is a survey done in a drought year a reliable yardstick? On August 16, NABARD presented the nation with a gift when it released the results of its All India Rural Financial Inclusion Survey (NAFIS). Among other things, the survey estimates 2015-16 farmers’ income levels. In February 2016, when Prime Minister Narendra Modi presented his vision of doubling...
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