-The Hindu Business Line Both Andhra Pradesh and Telangana have reneged on loan waiver promises. When Messrs Chandrababu Naidu and K Chandrasekhar Rao, chief ministers of Andhra Pradesh and Telangana respectively, promised to waive farm loans, there was no reason to distrust them. The Election Commission clearly directed the politicians not to make any promises that could not be implemented. They thought all the farm loans would be written off once they formed...

-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...

-Business Standard Surveys show 40% still get loans from non-institutional sources & at high rates A little over half of India's agricultural households were in debt, with 40 per cent of the dues from non-institutional lenders, during agricultural year 2012-13 (July to June), according to a official survey. This 'Situation assessment survey of agricultural households' showed 51.9 per cent of all agricultural households were indebted, with the average amount of unpaid dues being...

-The Times of india Nearly a third of Rural Households and a quarter of urban ones are indebted according to a survey report released this week. This is understandable with the spread of credit facilities. But the scale of indebtedness revealed is astonishing: between 2002 and 2012, the average amount owed by each family has jumped seven times in cities and more than four times in rural areas. About 22% of urban...

-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...