The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...
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NSS survey on farmers is a mid-term report card of Modi’s promise, with ‘fail’ written over it -Yogendra Yadav
-ThePrint.in The NSS survey conceals more than it reveals. It gives the impression that there is at least some progress. But that is misleading. One of the most popular slogans of the current farmers’ movement is that we are fighting for our “nasal aur fasal” — our progenies and produce. The latest official survey on the condition of farmers shows how true this is. The findings of this major government report released...
More »Punjab launches Rs 520 crore debt relief scheme for 2.85 lakh farm labourers, farmers
-The New Indian Express The CM said his govT decided to waive off loans amounting to Rs 520 crores with respect to the principal amount against their cooperative loans as of July 31, 2017. CHANDIGARH: Asserting his continued support to the farmers agitating against the three farm laws, Punjab Chief Minister Capt Amarinder Singh on Friday launched a Rs 520 crore debt relief scheme for 2.85 lakh farm labourers and landless farmers....
More »Rs.60,000-crore loan guarantee scheme for COVID-hit sectors yet to take off -Vikas Dhoot
-The Hindu 52 days after it was announced as a top relief package, Finance Minister says it ‘is in the process’. A Rs.60,000-crore loan guarantee scheme for helping sectors hit the hardest by COVID-19 is yet to get off the ground, 52 days after it figured at the top of an economic relief package to cope with the second wave’s shocks. This proposed credit support was part of a new ₹1.1 lakh crore...
More »Delhi HC slams Centre, RBI for inaction on usurious mobile vendors
-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees. “Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action,...
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