-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...
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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 »Scheming against the poor -TK Rajalakshmi
-Frontline The Left and other national parties protest against the NDA government's attempts to dilute the MGNREGS by limiting its budget and reducing its reach. IN a rare show of solidarity, representatives of several political parties took issue with the Bharatiya Janata Party-led National Democratic Alliance (NDA) government on its controversial proposal to restructure the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The opposition, which was initially confined to the...
More »Why no ‘Make in India’ for urea? -Sandip Sen
-The Hindu Business Line The closure of three urea producing plants in south India has led to a sharp spike in imports and subsidies In April 2014, the UPA government in its last days, cut off the lifeline of three urea plants. It gave a final push to a ten-year-old trend of replacing domestic urea production with imports. The government-owned Madras Fertilisers, and the private sector units SPIC and MCF closed down...
More »Call for discrimination shield for Muslims -Imran Ahmed Siddiqui
-The Telegraph New Delhi: A government panel that evaluated Muslims' post-Sachar socio-economic conditions has suggested an anti-discrimination law, targeted mainly at employers, to combat the growing disparity between the community and the rest of the country. The committee, headed by Jawaharlal Nehru University professor Amitabh Kundu, has failed to detect any "sea change on the ground" despite several welfare plans being launched for the community after Sachar's late-2006 report. Like Sachar, the Kundu...
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