-TwoCircles.net Punjab is considered to be one of the most prosperous states in India.A study came out a few days ago that states that 98% of rural households are in Debt.The average amount of Debt per household is close to 5 Lakh Rupees. The report points out that more than half of the Debt is to non institutional lenders,the Arhtias,the middlemen and money lenders.Small and marginal farmers can not go to...
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98% households in villages under Debt: Study -Sarbjit Dhaliwal
-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is Debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
More »How states fudge the data on declining farmer suicides -P Sainath
-Rediff.com 'Suicide rates among Indian farmers were a chilling 47 per cent higher than they were for the rest of the population in 2011. In some of the states worst hit by the agrarian crisis, they were well over 100 per cent higher. In Maharashtra, farmers were killing themselves at a rate that was 162 per cent higher than that for any other Indians excluding farmers. A farmer in this state...
More »Maharashtra crosses 60,000 farm suicides -P Sainath
-PSainath.org At least ten farmers have killed themselves every day, on average, for a straight ten years in the rich state of Maharashtra. Nation-wide the farm suicides total nears the 300,000-mark, as the data of the National Crime Records Bureau show. At least 3,146 farmers committed suicide in Maharashtra in 2013, the latest data of the National Crime Records Bureau (NCRB) show. That brings the total number of farmers taking their own...
More »Fresh row over the poverty line -Kathyayini Chamaraj
-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...
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