-Reuters The government has ordered a cut of nearly 20% in its 2014-15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world. Two health ministry officials told Reuters on Tuesday that more than 60 billion rupees, or $948 million, has been slashed from their budget allocation of around $5 billion for the...
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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 »More than half farm-households in India are in debt: NSSO report -Jitendra
-Down to Earth Households in southern states are most indebted; 40 per cent agricultural-households take loan from informal sources like money lenders The latest survey report of the National Sample Survey Office (NSSO) further confirms India's worsening agrarian crisis. More than half of the agriculture households are in debt, and the worst affected states are southern states like Andhra Pradesh, Telangana, and Tamil Nadu, says the 70th round of NSSO survey. The...
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 »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...
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