Agriculture is not just a food producing machine but the backbone of the livelihood of 60 per cent of Indians. The extensive drought spotlights a situation of mass rural deprivation and a mindset that is insensitive to it. But there are some encouraging signs. What should be done to meet the challenge? There are reports in financial newspapers that the ongoing drought affecting nearly 200 districts in the country may...
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Farm Suicides
KEY TRENDS • Suicide by self-employed persons in agriculture as a percentage of total suicides at the national level stood at 15.6 percent in 1996, 16.3 percent in 2002, 14.4 percent in 2006, 13.7 percent in 2009, 11.9 percent in 2010, 10.3 percent in 2011, 11.4 percent in 2012 and 8.73 percent in 2013. Suicides committed in the farming sector (by farmers plus agricultural labourers) as a proportion of total suicides in India was 9.4 percent in...
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Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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KEY TRENDS • The NSS 59th Round (January-December 2003) had found that 48.6% farmer households were indebted while the NSS 70th Round (January-December 2013) has observed that 52% of India's agricultural households were indebted in July, 2012-June, 2013 $ • A similar survey on rural indebtedness by the NSSO in 1991 found indebtedness among only 26% of farmers $ • On an average, the amount of debt per farmer household was Rs. 12,585 during NSS...
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KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
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